Forex Pair - AUD/NZD Price Technical Analysis By Capital street Fx

 

AUDNZD Technical Analysis: Weekly Chart

In the weekly charts, AUDNZD is trading in an up channel. 

It is trading above all SMA.

The immediate support is 1.0705 & the resistance level is at 1.0809. 

AUDNZD is trading in the up channel until there is a trend reversal

AUDNZD Technical Analysis: Daily Chart

In the daily charts, AUDNZD is trading in an up channel. 

It is trading above all SMA.

The immediate support is 1.0714 & the resistance level is 1.0763. 

AUDNZD is trading in the up channel until there is a trend reversal.  

How to Trade AUDNZD this Week:

AUDNZD will follow the uptrend until their trend reversal. So, remain bullish on AUDNZD.

TRADE SUGGESTION- BUY AT 1.0758, TAKE PROFIT AT 1.0809 AND STOP LOSS AT 1.0705