AUD/NZD Price analysis: AUSSI

  • The Aud/NZD operates near the 1,0800 area after modest profits in Friday’s session.
  • Short -term indicators favor buyers, despite long -term mixed signs.
  • Key support levels are maintained below, while resistance is aligned near the maximums recent.

The Aud/NZD pair advanced on Friday, operating near the 1,0800 zone after the European session, reflecting a constant bullish tone as the market goes to the Asian session. The price action is maintained in the middle of the range of the day, suggesting that buyers maintain control despite some long -term resistance levels. The immediate perspective is supported by short -term averages, although broader challenges persist.

From a technical perspective, the torque is showing a general bullish signal. The relative force index remains neutral about 55, indicating a balanced impulse without immediate overcompra conditions. The convergence/divergence of mobile socks confirms the widest bullish trend with a purchase signal, reinforcing the positive tone. Meanwhile, the Bull Bear Power and the ultimate oscillator are both neutral, highlighting the absence of an extreme impulse in any direction.

The structure of the short -term trend is favorable for more profits. Simple mobile socks (SMA) of 10 days and 20 days, positioned below the current price, have an ascending slope, providing dynamic support for the ongoing upward trend. However, simple mobile socks (SMA) of 100 days and 200 days in the long term remain above the current levels and continue in a descending trend, suggesting that the broader sales pressure can still limit the medium -term bullish potential.

The support is found in 1,0837, 1,0825 and 1,0811. The resistance is found in 1,0866, 1,0883 and 1.0925. A rupture above the immediate resistance zone could confirm a broader breakdown, while a movement below the support could trigger a short -term correction, potentially testing the lower end of the recent range.

Daily graph

Source: Fx Street

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