AUD/NZD chart - Trading View
| Indicators | Hourly | Daily | Weekly |
| Moving Averages | Bearish | Bearish | Bearish |
| GMMA Indicator | Bearish | Bearish | Bearish |
| SuperTrend Indicator | Buy | Sell | Buy |
| Oscillators (Stochs and RSI) | Oversold | Oversold | Oversold |
| Overall Bias | Bearish | Bearish | Bearish |
Technical Analysis: Bias Bearish
Support levels - 1.0420 (Trendline), 1.04, 1.03 (Lower M BB)
Resistance levels - 1.0504 (5-DMA), 1.0566 (21-EMA), 1.06
Summary: AUD/NZD trades with a bearish bias on the hourly, daily and weekly time frames. Oversold oscillators warrant caution.
Guidance: Scope for test of 1.0420. Stay short at current levels. Trade with tight stops advised on oversold conditions.
