- The Aud/NZD moves around 1,0800 media before Asia after a slight setback.
- The general feeling leans down despite intra -intra -mixed indicators.
- The longest long -term trend lines are inclined down, with key resistance levels limiting the rise.
The Aud/NZD torque is quoting with a slight downward bias on Wednesday while staying close to 1,0800 media, showing minor losses for the day before the Asian session. While short -term signals such as the MACD offer tentative support and the RSI remains neutral, the broader image remains pressed by a bassist trend, reinforced by longer -term mobile means in decline. The torque is quoting in an average range and struggling to overcome the upper resistance, reflecting a underlying softness in the impulse.
Technically, the Aud/NZD maintains a bearish perspective. The relative force index is neutral about 47, indicating a lack of conviction anywhere. However, the MACD provides a modest purchase signal, which contrasts with the general structure formed by mobile socks. The RSI stock is elevated but neutral, while the average directional index is above 35, suggesting that the existing trend has strength, although the direction remains uncertain in the short term.
The bearish bias is backed by the position of the key mobile socks. The exponential and simple mobile socks of 30 days – both above the current levels – are aligned with the descending inclination of the SMA of 100 and 200 days, reinforcing the resistance. The 20 -day SMA is the only short -term signal that supports buyers, but lacks a broader confirmation.
Immediate support levels are noticed in 1,0783, 1.0776 and 1.0760. The resistance is limited in 1,0801, followed by 1,0819 and 1,0833.
Daily graph
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
