- AUD/NZD was seen around the upper end of its daily domain on Friday.
- The husband maintains backed ups in short -term signals.
- Technicians show mixed bias through indicators, with the presence of the above resistance and long -term averages are still pressing.
Aud/NZD shows an upward momentum in Friday’s session, trading near its daily range and not far from the 1.0800 region. The couple gained a day, with the extension of his bullish payment, while short -term indicators strengthen this view. The MacD and support of short -term intermediate average support asserts bias, although some indicators such as RSI and Stochastic are still neutral. Traders should be aware that long -term SMAS continues to show the risks of the negative side.
Aud/NZD maintains a bullish tone where the price pressure presses. The average medium rapprochement (MACD) has turned into positive, indicating that the momentum turns in favor of buyers. Meanwhile, the Si -moving average has turned for 10 days and the simple moving average for 10 days, as it is less than the current prices. SMA also tends for 20 days as well, helping to keep the bullish momentum in the short term.
However, the RSI is hovering near the 50 neutral mark, while the power of the bull bear and random fluctuation also provides a limited bias for the direction. This mixed sign collection may keep some merchants cautious. It is worth noting that SMAS for 100 days and 200 days is still in a position higher than current price levels, indicating that the broader trends have not yet confirmed modern power.
The immediate resistance is located at 1.0874, followed by stronger areas at 1.0908 and 1.0936. On the negative side, initial support is found at 1.0842, with subsequent levels at 1.0833 and 1.0830. A break above the resistance would indicate the continued bullish direction, but the failure to wipe these areas may call for withdrawal in the short term.
Daily chart
