Back
4 Feb 2019
AUD/NZD Technical Analysis: Modestly bearish ahead of key AU data and RBA
- The pair is moving in a range between 1.0450 and 1.0530. The main trend remains bearish.
- A break above 1.0530/50, a key resistance and the confluence of several daily MA, could clear the way for a test of a downtrend line that stands at 1.0630. A break higher would remove the bearish bias.
- On the downside, losses appear to be limited by 1.0440: a consolidation below will likely trigger a decline to 1.0400. The next support is seen at 1.0375.
- Key events ahead: AU retail sales (Tuesday, 00:30 GMT) Reserve Bank of Australia statement (Tuesday, 03:30 GMT).
AUD/NZD Daily Chart
-636849078639013281.png)
AUD/NZD
Overview:
Today Last Price: 1.0493
Today Daily change: -0.0016 pips
Today Daily change %: -0.15%
Today Daily Open: 1.0509
Trends:
Daily SMA20: 1.0555
Daily SMA50: 1.0542
Daily SMA100: 1.0686
Daily SMA200: 1.0783
Levels:
Previous Daily High: 1.0526
Previous Daily Low: 1.0471
Previous Weekly High: 1.0562
Previous Weekly Low: 1.0448
Previous Monthly High: 1.0671
Previous Monthly Low: 0.9631
Daily Fibonacci 38.2%: 1.0492
Daily Fibonacci 61.8%: 1.0505
Daily Pivot Point S1: 1.0478
Daily Pivot Point S2: 1.0447
Daily Pivot Point S3: 1.0422
Daily Pivot Point R1: 1.0533
Daily Pivot Point R2: 1.0558
Daily Pivot Point R3: 1.0589