AUD/NZD has broken major support 1.0410 (200 day ) and also trading below (Tenken-Sen and Kijun-Sen). Overall trend is weak and decline till 1.028 cannot be ruled out.
The pair’s is facing minor resistance around 1.0438 and any intraday trend reversal can happen only above that level.
Indicators (1 Hour chart)
(50) – Sell
(14) – Sell
Recommendations: Sell AUD/NZD around 1.0385, SL 1.0438, Target 1.0285.