AUD/NZD – 4H Technical OutlookAUD/NZD – 4H Technical Outlook
📊 Market Context:
The pair remains bullish in structure, forming consistent higher highs and higher lows. Currently, price is testing the premium supply zone around 1.1450 – 1.1460, where selling pressure is starting to appear.
Key Technical Points
Structure: Break of Structure (BOS) to the upside confirms bullish momentum.
EMA Confluence:
Supported by 89 EMA (blue) and 200 EMA (yellow), both sloping upward — strong bullish foundation.
Price remains well above both EMAs.
Equilibrium Zone: Around 1.1364 – 1.1380, where previous demand and EMA support intersect — a potential pullback buy area.
Stochastic:
Currently above 90, indicating overbought conditions.
Suggests a short-term pullback or correction before the next bullish leg.
RSI : 70
Scenarios
1. Bullish Continuation (Preferred Setup)
Entry: 1.1390 – 1.1360 (pullback to equilibrium zone)
Stop Loss: 1.1330
Take Profit: 1.1460 → 1.1480
Confluence: Pullback to EMA support + equilibrium demand + continuation pattern.
2. Short-Term Rejection (Countertrend)
Entry: 1.1450 – 1.1460 (premium zone)
Stop Loss: 1.1475
Take Profit: 1.1400
Confluence: Overbought RSI + supply zone reaction.
💡 Summary Insight:
AUD/NZD remains structurally bullish, but price is currently overbought and testing premium resistance.
Traders can look for a retracement to 1.1390 – 1.1360 for a better long re-entry supported by EMAs and demand structure.
