FxWirePro: AUD/NZD upside capped below major trendline resistance at 1.0582, slips below 61.8% Fib

• AUD/NZD struggles to hold gains above 61.8% Fib.
   
• The pair edges lower from major trendline resistance at 1.0582.
   
• 100-DMA at 1.0520 is strong support on the downside, violation there could see deeper losses.
   
• RSI is showing a turn from near overbought levels and stochs are at oversold territory.
   
• Major support levels - 1.0520 (100-DMA), 1.05, 1.0490 (50% Fib)
   
• Major resistance levels - 1.0550 (61.8% Fib), 1.0582 (trendline), 1.06, 1.0635 (78.6% Fib)
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Recommendation: Short break below 1.0520, SL: 1.0585, TP: 1.0490/1.0435/ 1.04