Chart - Courtesy Trading View
Technical Analysis:
- AUD/NZD was trading 0.33% lower at 1.1198 at around 07:10 GMT.
- The pair is extending slump for the third consecutive session, outlook remains bearish.
- Price action has broken major trendline support at 1.1260, is on track to test daily cloud support.
- GMMA indicator shows major trend is neutral, while minor trend has turned bearish.
- Momentum is bearish, volatility is high and rising, Chikou span is biased lower
- Bearish 5-DMA crossover on 20-DMA adds to the downside bias. MACD and ADX support downside.
Major Support Levels:
S1: 1.1156 (Cloud top)
S2: 1.1122 (110-EMA)
Major Resistance Levels:
R1: 1.1221 (55-EMA)
R2: 1.1283 (5-DMA)
Summary: AUD/NZD trades with a bearish bias. Scope for test of cloud support at 1.1156.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Major Crypto levels and bias summary
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges higher but bulls lack punch
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
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
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 



