Chart - Courtesy Trading View
AUD/NZD was trading 0.44% higher on the day at 1.0421 after closing 0.50% higher in the previous session.
The pair has bounced off major trendline support and price action is testing 55-EMA resistance at 1.0429.
Technical indicators are turning bullish. MACD is on verge of bullish crossover on signal line. Positive DMI crossover on negative DMI adds to the upside bias.
RSI has edged above the 50 mark and is biased higher. Price action has edged above 200H MA.
Volatility is high as evidenced by wider Bollinger bands. Break above 55-EMA will see test of 110-EMA at 1.0484.
Support levels - 1.0399 (21-EMA), 1.0363 (5-DMA), 1.0315 (Trendline)
Resistance levels - 1.0429 (55-EMA), 1.0445 (Daily loud), 1.0484 (110-EMA)
Summary: AUD/NZD pivotal at 55-EMA. Watch out for decisive break above for further gains. Next bull target lies at 110-EMA at 1.0484.


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Woodies Pivot(Major)
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major European Indices
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



