Chart - Courtesy Trading View
Technical Analysis:
- AUD/NZD was trading 0.08% lower on the day at 1.0985 at around 06:50 GMT
- The pair trades inside the daily cloud and upside remains capped below 50-DMA
- Momentum is bearish, stochs and RSI are sharply lower, RSI is well below the 50 mark
- MACD and ADX support downside in the pair
- GMMA indicator shows major trend is neutral, while minor trend has turned bearish
Support levels:
S1: 1.0958 (23.6% Fib)
S2: 1.0885 (110-EMA)
Resistance levels:
R1: 1.1006 (50-DMA)
R2: 1.1050 (20-DMA)
Summary: AUD/NZD trades with a bearish bias. Scope for further weakness. Retrace above 50-DMA negates any further weakness.


FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Crypto levels and bias summary
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro-Major European Indices
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 



