AUD, NZD Technical Analysis Update


AUD gaining some traction breaking up through resistance at 0.7880 now looking to target 0.7920/30 and possibly 0.7960.

Failure to build on this upside momentum risks a pullback to 0.7860 and possibly all the way back down to good support in the 0.7820/30 region.


Finding resistance at 0.7300 a little tough going right now, but a break would see a move up to 0.7340/60.

If the NZD can’t break 0.7300 then you should see a drift down to support at 0.7240/50. After which the upside would likely come under renewed pressure again.

Analysis from charts provided by

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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