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AUD/NZD pullback likely as consolidation breaks lower

AUD/NZD recent consolidation in 1.1220/1.1300 zone sees a break lower 10-DMA gets pierced, close below should accelerate the slide Daily RSI biased down after turning from deeply overbought zone A pullback within the lon…

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  • AUD/NZD recent consolidation in 1.1220/1.1300 zone sees a break lower

  • 10-DMA gets pierced, close below should accelerate the slide

  • Daily RSI biased down after turning from deeply overbought zone

  • A pullback within the longer-term bull trend is now likely

  • Support 1.1035/1.1100, series of daily lows there, 1.0900/15 then support

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Major Pair Currency Score: AUDUSD Bearish

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