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AUD/NZD chart - Trading View
AUD/NZD is extending previous session's spike, was trading 0.42% higher at 1.0639 at around 14:40 GMT.
The pair hit 4-week highs at 1.0642 and technical studies are turning bullish suggesting further upside.
Price action has broken above 21-EMA at 1.0555. Momentum studies are bullish, RSI is above 50, bias higher.
The pair has bounced off weekly cloud and oscillators are on verge of rollover from oversold levels.
The pair is on track to test 200-DMA at 1.0653. Breakout above will buoy prices higher. Daily cloud offers next major resistance.
