- AUD/NZD is trading around 1.0605 marks.
- Pair made intraday high at 1.0623 and low at 1.0599 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 1.0647/ 1.0739 marks.
- A daily close below 1.06 will take the parity down towards key support around 1.0574 (February 12, 2016 low) and 1.0506 marks respectively.
- Alternatively, reversal from key support and a sustained close above 1.0739 will drag the parity higher towards 1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA)/1.1123/1.1298/1.1317 levels respectively.
- Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend in a daily chart.
- Today Australia released AIG services index with positive numbers at 51.5 m/m vs 49.7 m/m previous release. It put the indicator in to the expansion territory.
We prefer to take short position in AUD/NZD only below 1.0588, stop loss 1.0647 and target 1.0496 levels.


Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
FxWirePro- Major Crypto levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge 



