AUD/NZD chart - Trading View
AUD/NZD extends sideways along cloud base support, bias bearish.
The pair is trading 0.19% higher on the day at 1.0523 at 08:15 GMT.
Price action is below major moving averages and volatility is rising.
Downside finds strong support at 1.05 (nearly converged 20W SMA and daily cloud base).
Decisive break below cloud will accentuate weakness. Scope for weakness till 61.8% Fib at 1.0397.
Technical analysis supports downside. RSI is well below 50 and Stochs are sharply lower.
5-DMA is immediate resistance at 1.0534. Break above 200-DMA negates bearish bias.
Recommendation: Stay short on break below daily cloud, SL: 1.0560, TP: 1.0460/ 1.04
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/USD recovers but bears are not done yet again
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 



