The AUD/NZD pair posted the weakest close in two years, opening the way to further losses. It reached the 1.0310/20 target (July 2016 / January 2017 low); a break lower would clear the way to the next one seen at 1.0280 (July 2017 low). Considering the extension of the slide some consolidation near the 1.0300 area could be seen before another leg lower. A recovery above 1.0360 would remove some of the short-term bearish pressure. The key resistance is seen at 1.0450 and above at 1.0490 a downtrend line that if broken should lead to further appreciation of the Aussie over the medium-term. AUD/NZD Daily Chart AUD/NZD Overview: Today Last Price: 1.0317 Today Daily change: -0.0032 pips Today Daily change %: -0.31% Today Daily Open: 1.0349 Trends: Daily SMA20: 1.0413 Daily SMA50: 1.0486 Daily SMA100: 1.0562 Daily SMA200: 1.0733 Levels: Previous Daily High: 1.0362 Previous Daily Low: 1.033 Previous Weekly High: 1.0448 Previous Weekly Low: 1.0341 Previous Monthly High: 1.0551 Previous Monthly Low: 1.0362 Daily Fibonacci 38.2%: 1.0343 Daily Fibonacci 61.8%: 1.035 Daily Pivot Point S1: 1.0332 Daily Pivot Point S2: 1.0315 Daily Pivot Point S3: 1.03 Daily Pivot Point R1: 1.0364 Daily Pivot Point R2: 1.0379 Daily Pivot Point R3: 1.0396 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin Price Analysis: LTC/USD bulls must break down the supply heading into $60 for greater upside FX Street 4 years The AUD/NZD pair posted the weakest close in two years, opening the way to further losses. It reached the 1.0310/20 target (July 2016 / January 2017 low); a break lower would clear the way to the next one seen at 1.0280 (July 2017 low). Considering the extension of the slide some consolidation near the 1.0300 area could be seen before another leg lower. A recovery above 1.0360 would remove some of the short-term bearish pressure. The key resistance is seen at 1.0450 and above at 1.0490 a downtrend line that if broken should lead to further… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
