AUD/NZD chart - Trading View
Technical Analysis: Bias Bearish
- Price action consolidating below 200-DMA
- Bearish 5-DMA crossover over 20-DMA adds to the downside bias
- Stochs and RSI are sharply lower, RSI is below 50 mark
- Bearish MACD line crossover on signal line keeps bias lower
- GMMA indicator shows minor trend is bearish and major trend is neutral
Support levels - 1.0687 (nearly converged 200W MA, 55 and 110 EMA), 1.0657 (38.2% Fib), 1.0648 (110W EMA)
Resistance levels - 1.0716 (200-DMA), 1.0734 (20-DMA), 1.0767 (200H MA)
Summary: AUD/NZD is consolidating break below 200-DMA. The pair has paused a 5-day bearish streak after the Australian dollar was buoyed on upbeat Q4 CPI data. Bias is tilted towards the downside. But, retrace above 200-DMA will negate any further bearish bias.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/CNY hits 15-month low , scope for further downside
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 



