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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
AUD/NZD closes below trendline support at 1.0582 in Monday's trade, a fresh 1.0571 trend low recorded.
- The pair broke below its short term consolidation phase on Monday, 5, 10 & 20 DMAs trend south - negative setup
- Current bearish setup targets a test of the 1.0497 October trend low, with immediate support at 1.0530 (Nov 3 lows) and resistance at 1.0582 (Oct 30 high)
Recommendation: Sell rallies around 1.0580, SL: 1.0620, TP: 1.05
Resistance Levels:
1.0582 (Oct 30 high)
1.0607 (50 DMA)
1.0619 (10 DMA)
Support Levels:
1.0530 (Nov 3 lows)
1.0520 (Nov 2 lows)
1.0497 (Oct 30 lows)
