FxWirePro: AUD/NZD breaks 20-DMA, 200-DMA at 1.0695 in sight, good to long dips

• AUD/NZD has broken above 20-DMA resistance at 1.0591, intraday bias higher.
   
• Technical studies are indicative of further upside, scope for test of 200-DMA at 1.0695.
   
• Momentum studies are bullish, RSI points north and shows strength at 57 levels.
   
• Stochs are biased higher and MACD is on the verge of a bullish crossover on signal line.
   
• Bullish invalidation only on a daily close below 20-DMA at 1.0591.
   
• Major support levels  - 1.0591 (20-DMA), 1.0556 (5-DMA), 1.0538 (10-DMA)
   
• Major resistance levels  - 1.0695 (200-DMA), 1.0704 (Nov 1 high), 1.0755 (Nov 14 high)
   
• At 0925 GMT FxWirePro's Hourly Currency Strength Index stood as follows: AUD: -42.6104(Neutral), NZD: -72.962 (Slightly Bearish)
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Recommendation: Good to go long on dips around 1.0620/30, SL: 0.0555/ TP: 1.0695/ 1.0725