Chart - Courtesy Trading View
Technical Analysis:
- AUD/NZD was trading 0.21% lower on the day at 1.0820 at around 11:20 GMT
- The pair has erased early gains and has slipped lower from session highs at 1.0853
- Inverted Hammer formation on the daily candle at the time of writing raises scope for downside
- Momentum is high, volatility is high and rising, MACD and ADX support downside in the pair
- GMMA indicator shows major and minor trend are strongly bearish
Major Support Levels:
S1: 1.0790 (Lower BB)
S2: 1.0676 (200-week MA)
Major Resistance Levels:
R1: 1.0898 (5-DMA)
R2: 1.0942 (200H MA)
Summary: AUD/NZD downside reinforced with Inverted Hammer formation. Scope for dip till 200-week MA at 1.0676. Bearish invalidation only above 200-DMA.


EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro- Woodies pivot (Major)
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 



