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FxWirePro: AUD/NZD finds major support at 1.0615, good to go long on dips

AUD/NZD has bounced off major trendline support, currently at 1.0615 levels. Intraday techs are bullish, the pair is on track for further upside. Major support levels - 1.0641 (5-DMA), 1.0623 (20-DMA), 1.0615 (rising tre…

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FxWirePro: AUD/NZD finds major support at 1.0615, good to go long on dips
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  • AUD/NZD has bounced off major trendline support, currently at 1.0615 levels.
     
  • Intraday techs are bullish, the pair is on track for further upside.
     
  • Major support levels - 1.0641 (5-DMA), 1.0623 (20-DMA), 1.0615 (rising trendline)
     
  • Major resistance levels - 1.07, 1.0743 (Aug 8,9 high), 1.0765 (Oct 14 high)
    ​

Recommendation: Good to long dips around 1.0660, SL: 1.06, TP: 1.07/ 1.0740/ 1.0765
 

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