17 Jul 2014
AUD/NZD remains in bullish territory
FXStreet (Guatemala) - AUD/NZD is trading at 1.0745, down -0.05% on the day, having posted a daily high at 1.0754 and low at 1.0743.
AUD/NZD remains nicely bid having rallied through and onto the 1.07 handle yesterday. Some congestion here post the short term head and shoulders on the hourly but indicators remain with a bullish bias. The 200 SMA is currently at 1.0701, up from 1.0685 at the last period close, and climbing on the hourly AUD/NZD chart. Looking to a daily chart, we see that RSI is neutral at 40.84.
AUD/NZD Levels
Current price is 1.0746, with resistance ahead at 1.0753 (Daily Open), 1.0754 (Daily High), 1.0759 (Daily Classic R3), 1.0760 (Yesterday's High) and 1.0775 (Daily 100 SMA). Next support to the downside can be found at 1.0743 (Daily Low), 1.0737 (Hourly 20 EMA), 1.0732 (Daily 20 SMA), 1.0726 (Daily Classic R2) and 1.0719 (Weekly Classic R1).
AUD/NZD remains nicely bid having rallied through and onto the 1.07 handle yesterday. Some congestion here post the short term head and shoulders on the hourly but indicators remain with a bullish bias. The 200 SMA is currently at 1.0701, up from 1.0685 at the last period close, and climbing on the hourly AUD/NZD chart. Looking to a daily chart, we see that RSI is neutral at 40.84.
AUD/NZD Levels
Current price is 1.0746, with resistance ahead at 1.0753 (Daily Open), 1.0754 (Daily High), 1.0759 (Daily Classic R3), 1.0760 (Yesterday's High) and 1.0775 (Daily 100 SMA). Next support to the downside can be found at 1.0743 (Daily Low), 1.0737 (Hourly 20 EMA), 1.0732 (Daily 20 SMA), 1.0726 (Daily Classic R2) and 1.0719 (Weekly Classic R1).