- Aud/NZD is trading near 1.0900 with slight losses on Friday.
- The husband maintains bullish expectations despite mixed signals in the short term.
- The main support is assembled less than 1.0880, with resistance near 1.0920.
Aud/NZD’s pair suffers from moderate pressure on Friday, hovering near the 1.0900 area with the market approaching the Asian session. Despite the simple losses, technical expectations remain the most constructive, while aligning many major indicators to support the husband’s upward path. However, the short -term conflicting signals indicate that other gains may face the opposite wind, as traders move a mixture of purchase and sale.
Aud/NZD maintains a bullish structure in general, supported by the short -term intermediate averages. The simple 20 -day moving average (SMA) refers to a purchase signal, which reflects the strength of the modern husband, while both the SIA moving average for 10 days (EMA) and SMA for a period of 10 days are similarly to the bullish momentum. However, the image of the broader direction remains mixed, as SMAS is still long for 100 days and 200 days preferring to sell, highlighting the possibility of deeper retreat if the upscale momentum stumbles.
The momentum indicators provide a future outlook divided. The RSI is hovering around the 50th level, indicating the neutral conditions that are in line with the unification of the current prices. Meanwhile, MACD signs buy signs of momentum, which enhances the broader upward vision. On the contrary, % Stochastic K., trading in the 1980s, and random RSI RSI, which were placed in the 1990s, both indicate excessive conditions in the peak, indicating the possibility of corrective moves in the short term. The power of the bull bear, which sits near a neutral, highlights this decisive direction.
Currently, immediate support is expected to be about 1.0871, with additional levels near 1.0867 and 1.0864. In the upward direction, the resistance is likely to appear about 1.0914, followed by a closely 1.0923 and 1.0945, it is possible that any attempts to recover as the husband struggles to maintain his last gains.
Daily chart
