AUD/NZD Technical Analysis: Back below the 20-day MA, near critical support
- The AUD/NZD is moving within a trading range between 1.0500 and 1.0470, with a negative tone after retreating under the 20-day moving average.
- A break under 1.0470 would expose the key support seen around 1.0430/40: a daily close below should activate more losses targeting 1.0370.
- To the upside, above 1.0500 the Aussie could gain momentum. Only above 1.0650/60 (horizontal level/downtrend line in the daily chart) would signal more gains, a test of 1.0700 and a potential rally to 1.0800.
- Key events ahead: NZ trade data (Tuesday) and AU CPI (Wednesday).
AUD/NZD 4 hours Chart
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AUD/NZD Daily Chart
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AUD/NZD
Overview:
Today Last Price: 1.0494
Today Daily change: 0.0005 pips
Today Daily change %: 0.05%
Today Daily Open: 1.0489
Trends:
Daily SMA20: 1.0556
Daily SMA50: 1.0557
Daily SMA100: 1.0707
Daily SMA200: 1.0787
Levels:
Previous Daily High: 1.0501
Previous Daily Low: 1.047
Previous Weekly High: 1.0671
Previous Weekly Low: 1.0465
Previous Monthly High: 1.0674
Previous Monthly Low: 1.0408
Daily Fibonacci 38.2%: 1.0489
Daily Fibonacci 61.8%: 1.0482
Daily Pivot Point S1: 1.0472
Daily Pivot Point S2: 1.0456
Daily Pivot Point S3: 1.0441
Daily Pivot Point R1: 1.0503
Daily Pivot Point R2: 1.0518
Daily Pivot Point R3: 1.0534