- AUD/NZD edges higher after holding major trendline support at 1.080.
- We see further weakness only on break below.
- Price action in the pair is raging above daily cloud and all major moving averages.
- RSI is also holding above 50 mark and Stochs are at oversold region.
- On the flipside, break above 5-DMA could see near-term reversal in trend.
Support levels - 1.080 (trendline), 1.0778 (Mar 6 lows), 1.0681 (50-DMA)
Resistance levels - 1.0846 (5-DMA), 1.0875 (20-DMA), 1.09, 1.0907 (1H 200-SMA)
TIME TREND INDEX OB/OS INDEX
1H Bearish Neutral
4H Neutral Neutral
1D Neutral Neutral
1W Bearish Neutral
Recommendation: Watchout for break above 5-DMA at 1.0846 to go long.
FxWirePro Currency Strength Index: FxWirePro's Hourly AUD Spot Index was at -146.6 (Bearish), while Hourly NZD Spot Index was at -95.0228 (Bearish) at 0730 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro- Woodies pivot (Major)
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: GBP/AUD eases slightly, focus on near-term support
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro- Major Crypto levels and bias summary
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/ZAR gains some ground, but downtrend remains
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 



