Chart - Courtesy Trading View
Technical Analysis:
- AUD/NZD was trading 0.37% lower on the day at 1.1269 at around 06:30 GMT
- The pair is extending previous session's weakness, slips below 21-EMA
- Momentum is bearish, stochs and RSI are sharply lower, RSI is below 50
- MACD confirms bearish crossover on signal line, Chikou span is biased lower
- Price action is below 200H MA, GMMA indicator shows bearish bias on the intraday charts
Support levels - 1.1223 (55-EMA), 1.1208 (Lower BB)
Resistance levels - 1.1309 (21-EMA), 1.1332 (20-DMA)
Summary: AUD/NZD trades with a bearish bias. Close below 21-EMA support will see more weakness in the pair.


FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: GBP/AUD bears maintain upper hand
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 



