- The AUD/NZD is seen around the upper end of its sun -covered with Friday.
- The pair maintains a bullish perspective that is supported by short -term resulting signals.
- Technicals show mixed bias throughout the indicators, with resistance visible above and long-term average presses.
The AUD/NZD shows up the upward momentum early in the Friday session, the trading near the top of its sunset and not far from the 1.0800 zone. The pair gets in the sun, expanding its bullish push as short -term indicators strengthen this view. A purchase signal from the MACD and support from short -term transfer averages will help confirm the bias, although some indicators such as RSI and stochastic remain neutral. Entrepreneurs should remember that longer SMAs continue to show risk.
The AUD/NZD maintains a bullish tone while the price action is higher. Moving the average change of the MacD (MACD) has become positive, suggesting momentum is moving in favor of consumers. Meanwhile, the 10-day exponential transfer of the average and the 10-day simple transfer of the average are both supported, which aligns below the current prices. The 20-day SMA also relies on bullish, which helps maintain a short-term reversal momentum.
However, the KaMag -child Index Index (RSI) has been dressed near the neutral 50 mark, while the strength of the bull bear and stochastic oscillator also offers limited bias of direction. The mix -a set of this signal can keep some merchants carefully. Interestingly, the 100-day and 200-day SMA remains positioned above the current price levels, signing that greater trends have not yet confirmed recent strength.
The immediate objection is at 1.0874, followed by stronger zones at 1.0908 and 1.0936. On the downside, the initial support can be found at 1.0842, with subsequent levels at 1.0833 and 1.0830. A rest of the resistance is a signal of the continuation of the bullish, but the failure to clear the zones can invite short-term pullbacks.
Sunny chart
