FxWirePro

AUD/NZD tests 1.0615 support, could see 1.05 on close below

FX:AUDNZD   Australian Dollar / New Zealand Dollar
141 0 3
AUD/NZD             has dipped below trendline support at 1.0615 and edged higher, negative setup could target 1.05 levels but some consolidation likely.

Consistent lower highs maintains downside pressure, momentum studies are neutral, 5, 10 & 20 DMAs trend south.

Inverted cup & handle pattern observed on daily charts , price action is well below the cloud, RSI is at 34 and points south.

Watchout for close below 1.0615 for further downside, 1.05 (Oct 30 lows) likely target, place stops at 0.0660

Resistance Levels:

R1: 1.0660 (Session high Dec 21)

R2: 1.0680 (Dec 18 high)

R3: 1.0692 (10-Day MA)

Support Levels:

S1: 1.0615 ( Trendline support)

S2: 1.0584 (Dec 18 lows)

S3: 1.0558 (Oct 29 low)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out