AUD/NZD: Call Update - Our long is in decent shape; approaching TP:1

Our AUD/NZD long is in decent shape, positive setup in the pair continues, bulls likely to test 1.1014, 61.8% of Sep/Nov fall.

• 10-DMA (at 1.0837) limits the downside, Tenkan and Kijun are positively aligned and the pair has set a new trend high, RSIs are biased up with room to run
   
• AUD/NZD approaching TP:1 levels (@1.0985 - book partial profits, could trail stops higher
   
• Immediate resistance is seen at 1.0983 (Session high Oct 13), while supports on the downside are located at 10-DMA (at 1.0837) and then at 1.0835 (Session low Nov 16)

Refer Old Call: http://www.fxwirepro.com/fxwire/popup.htm?id=729232

Resistance Levels: 

R1: 1.0983 (Session high Oct 13)

R2: 1.0986 (Session high Oct 6)

R3: 1.1014 (61.8 % Fibo 1.1346-1.0496 fall)

Support Levels: 

S1: 1.0921 (55-Day MA)

S2: 1.0837 (10-Day MA)

S3: 1.0835 (Session low Nov 16)