- Aud/NZD is trading near the 1.0800 area after modest gains in Friday’s session.
- Short -term indicators prefer buyers, despite long -term mixed signals.
- The main support levels are holding below, while the resistance corresponds to the last levels.
The Aud/NZD pair rose to the top on Friday, when it was traded near the 1.0800 region after the European session, reflecting a fixed upward tone as the market is heading to the Asian session. The price procedure remains in the middle of the day, indicating that buyers maintain control despite some long -term resistance levels. Immediate expectations are supported by high -term high -term, although the broader challenges remain.
From a technical perspective, the husband flashed a comprehensive rise. The relative strength index remains neutral near 55, indicating balanced momentum without immediate high conditions. Confirming the different moving average rapprochement on the broader upward trend with a purchase signal, which enhances the positive tone. Meanwhile, the strength of the bull bear and the final oscillator are neutral, highlighting the lack of severe momentum in any of the two directions.
Short -term structure supports more gains. Simple moving averages for 10 days and 20 days, placed under the current price, both slopes up, providing dynamic support for continuous upward arrangement. However, the simple moving averages of 100 days, 200 days and 200 days remain higher than the current levels and continue to decrease, indicating that the broader sale pressure may still limit the upper -term trend.
Support is located in 1.0837, 1.0825 and 1.0811. Resistance is found in 1.0866, 1.0883 and 1.0925. A break over the immediate resistance area can confirm a wider outbreak, while support below may lead to a short -term correction, which may test the minimum end of the last domain.
Daily chart
