The AUD/NZD pair is currently in a descending channel formation.
It has broken the critical level at 1.07504 and is currently consolidating below it.
Hence, we expect the pair to be bearish in the short-term.
It has broken the critical level at 1.07504 and is currently consolidating below it.
Hence, we expect the pair to be bearish in the short-term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.