AUD/NZD chart - Trading View
AUD/NZD was trading 0.10% higher on the day at 1.0795 at around 05:15 GMT, outlook turning bullish.
Price action has is extending bullish streak for the 3rd consecutive session, scope for upside resumption.
The pair has been trading in an rising channel pattern and pullback has bounced off channel base support.
Price action has retraced brief dip below 200-DMA and has edged above major moving averages.
MACD and ADX support gains and bullish momentum and rising volatility to drive prices higher.
The Australian dollar has failed to capitalise from upbeat Australia Retail Sales data and remains muted amid mixed sentiment.
Price action is within daily cloud and breakout above will propel the pair higher. Scope for test of multi-month highs at 1.0947.


Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD dips after RBA Governor speech
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ CNY remains soft ahead of Fed decision
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 



