AUD/NZD chart - Trading View
AUD/NZD was trading 0.14% higher on the day at 1.0673 at around 10:20 GMT, after closing 0.45% lower in the previous session.
The pair is retracing after rejection at 'Triple Top'. 'Bearish Divergence' dragged the pair lower from highs at 1.0880.
Price action is holding support at 50-DMA at 1.0640. Break below will see further weakness.
Major trend remains bullish, while minor trend is bearish as evidenced by GMMA indicator.
'Golden Cross' (bullish 50-DMA crossover on 200-DMA) to cushion downside in the pair.
Major Support: 1.0640 (50-DMA)
Major Resistance: 1.0704 (21-EMA)
