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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUD/NZD remain bullish above major support

We remain bullish above 1.0766 major support (Fibonacci retracement, horizontal overlap support, bullish divergence) for a push up to 1.0896 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (34,5,3) is seeing strong support above 3.3% and also bullish divergence vs price signalling that a bounce is impending.

Buy above 1.0766. Stop loss at 1.0695. Take profit at 1.0896.

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