Price moving sideways, consolidating after Tuesday’s sharp decline ahead of the Australian jobs report. Potential double bottom at 1.0860, a breakout of the neckline at the 1.0900 area targets 1.0930. Bearish pressure likely to emerge if it drops under 1.0860; the next support is seen at 1.0825. AUD/NZD 1-hour chart Spot rate: 1.0890High: 1.0903Low: 1.0860 Trend: Sideways Resistance 1: 1.0900Resistance 2: 1.0925Resistance 3: 1.0955 Support 1: 1.0860Support 2: 1.0825Support 3: 1.0775 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 EUR/GBP Technical Analysis: EUR/GBP hits a 4.5-month high at 0.8933 FX Street 5 years Price moving sideways, consolidating after Tuesday's sharp decline ahead of the Australian jobs report. Potential double bottom at 1.0860, a breakout of the neckline at the 1.0900 area targets 1.0930. Bearish pressure likely to emerge if it drops under 1.0860; the next support is seen at 1.0825. AUD/NZD 1-hour chart Spot rate: 1.0890High: 1.0903Low: 1.0860 Trend: … 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.
