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AUD/NZD pullback likely as consolidation breaks lower

Wednesday, June 24, 2015 7:41 PM UTC

AUD/NZD recent consolidation in 1.1220/1.1300 zone sees a break lower
10-DMA gets pierced, close below should accelerate the slide
Daily RSI biased down after turning from deeply overbought zone
A pullback within the longer-term bull trend is now likely
Support 1.1035/1.1100, series of daily lows there, 1.0900/15 then support

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AUD/NZD pullback likely as consolidation breaks lower

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