AUDNZD Technical Analysis: Weekly Chart

In the weekly charts, AUDNZD is trading in an up channel. AUDNZD is currently trading above all SMA.

RSI is in overbought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 1.1052 & the resistance level is at 1.1161.

AUDNZD will trade in the up channel until there is trend reversal.

AUDNZD Technical Analysis: Daily Chart

In the daily charts, AUDNZD is trading in an up channel. AUDNZD is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 1.1077 & the resistance level is at 1.1161.

AUDNZD will trade in the up channel until there is trend reversal.  

How to Trade AUDNZD this Week:

AUDNZD will follow the uptrend until their trend reversal. So, remain bullish on AUDNZD.

TRADE SUGGESTION- BUY AT 1.1139, TAKE PROFIT AT 1.1161 AND STOP LOSS AT 1.1077