AUD/NZD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The daily AUD/NZD chart displays a bullish continuation setup following a multi-month range breakout above 1.2200, though momentum is currently consolidating after peaking near 1.2480–1.2500. The pair is finding dynamic support along the rising 20-day SMA around 1.2411, with the RSI cooling to a healthy, non-overbought 61.08. A sustained push above the 1.2480–1.2500 resistance zone signals a resumption of the broader intermediate uptrend toward 1.2600, whereas a daily close below the 20-day SMA would likely trigger a deeper mean-reversion move toward the 1.2200 prior breakout level.

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