- The post-RBA Australian dollar rally becomes short-lived.
- AUD / NZD hits weekly lows below 1.0400, but then picks up.
The AUD / NZD rebound after the Reserve Bank of Australia meeting was short-lived. The cross fell to 1.0380, the lowest level since last week. It is hovering around the critical area of 1.0400.
Despite avoiding a sharp break below 1.0400 so far, technical indicators on the daily chart continue to favor the decline. A close above 1.0450 would be a positive development for the Aussie, suggesting a consolidation ahead with a possible recovery to 1.0500. The next resistance is seen at 1.0510 followed by 1.0540.
While below 1.0450, the AUD / NZD looks vulnerable and a consolidation below 1.0400 should point; below the next support is at 1.0300.
AUD / NZD daily chart
AUD / NZD
Overview | |
---|---|
Today last price | 1.0405 |
Today’s Daily Change | -0.0022 |
Today daily change% | -0.21 |
Today they open every day | 1.0427 |
Trends | |
---|---|
Daily SMA20 | 1.0444 |
SMA50 daily | 1.0546 |
SMA100 daily | 1.0648 |
SMA200 daily | 1.069 |
Levels | |
---|---|
Previous Daily High | 1.0438 |
Previous Daily Low | 1.0399 |
Previous weekly high | 1.0448 |
Previous Weekly Low | 1.0338 |
Previous monthly maximum | 1.0592 |
Previous Monthly Low | 1.0338 |
Daily Fibonacci 38.2% | 1.0423 |
Daily Fibonacci 61.8% | 1.0414 |
Daily Pivot Point S1 | 1.0404 |
S2 daily pivot point | 1.0382 |
S3 Daily Pivot Point | 1.0365 |
R1 daily pivot point | 1.0444 |
Daily pivot point R2 | 1.046 |
R3 daily pivot point | 1.0483 |
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