AUD/NZD price analysis: The bearish signals deepen while the Australian dollar fights the Kiwi

• The Aud/NZD is negotiated near the 1,0700 zone, backing from the maximum intradic before the Asian session.
• The general bearish feeling persists despite neutral oscillators, with all key mobile socks pointing to low pressure.
• The support is found in 1,06949, while resistance levels are observed in 1,07691, 1,07711 and 1.08238.

The Aud/NZD torque is exhibiting bassist signals, currently negotiating around 1,0700, with a 0.40% drop today, and positioned in the average range between 1,06784 and 1,07439 during Monday’s session. The inability of the torque to maintain higher levels underlines the weight of the sales pressure as the widest trend continues to favor the decline.

Impulse indicators provide mixed but cautious readings. The Relative Force Index (RSI) is 31, near the territory of over -sales, but still maintaining a neutral bias. The MACD continues to show a sales signal, in alignment with the amazing oscillator in -0.0185, which also suggests a continuation down. Meanwhile, the stochastic %K in 9,2611 remains neutral, lacking a clear directional conviction.

Mobile socks confirm the bearish technical structure. All SMA key – 20 days in 1,0859, 100 days in 1,1010, and 200 days in 1.1000 – are tilted downward, together with short -term indicators such as the 10 -day EMA in 1,0769 and the 10 -day SMA in 1,0771, which validate the dominant bearish bias further.

The support is found in 1,06949. The resistance is limited in 1.07691, followed by 1,07711 and 1.08238. If the sale continues and the torque falls below the 1.0690 area, a new wave could be triggered.

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