• AUD/NZD fails to hold break below 23.6% Fib at 1.0640, edges higher from session lows at 1.0621.
   
• The pair was rejected at major trendline resistance at 1.0765, has slipped below 200-DMA at 1.0712.
   
•  A decisive break below 1.0640 (23.6% Fib) could see further drag.
   
• Techs do not provide clear directional bias for now. RSI and Stochs are on the verge of a rollover from overbought levels.
   
• Major support levels - 1.0640 (23.6% Fib), 1.06, 1.056 (20-DMA & 38.2% Fib), 1.05 (50% Fib)
   
• Major resistance levels - 1.0699 (5-DMA), 1.07, 1.0712 (200-DMA), 1.0760 (trendline)
   
• Recommendation: Good to go short on decisive break below 1.0640, SL: 1.0715, TP: 1.06/ 1.0563/ 1.05
   
• Bearish invalidation above trendline resistance at 1.0765, test of 1.0874 then likely.