- AUD/NZD has shown breakout at 'Symmetric Triangle' top at 1.1140.
- Breakout has raised scope for further upside in the pair, 1.14 levels in sight.
- Technical indicators on weekly charts support upside. Momentum studies bullish, RSI and Stochs are biased higher.
- The pair has broken above 78.6% Fib retracement of 1.1429 to 1.0237 fall at 1.1173.
- Upside now finds next immediate resistance at 1.1462 (38.2% Fib retrace of 1.3795 to 1.0020 fall).
- On the flipside, we see weakness only on break below trendline resistance turned support at 1.1140.
Support levels - 1.1161 (5-DMA), 1.0995 (20-DMA), 1.0980 (50-DMA)
Resistance levels - 1.1293 (88.6% Fib retracement of 1.1429 to 1.0237 fall), 1.13, 1.1333 (Mar 2017 high)
Call update: We had advised a long on the pair (http://www.econotimes.com/FxWirePro-AUD-NZD-breaks-major-trendline-resistance-at-11140-good-to-go-long-on-dips-963528).
Recommendation: Bias higher, stay long.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges lower, scope for further downside
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Pair levels and bias summary
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro- Major Crypto levels and bias summary
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data 



