AUDNZD Analysis - The pair is currently in the 4th day of its losing streak. We are waiting for the price to clear the 1.05800 territory in order for us to have a clear bias. Pair is currently trading at the demand zone, but due to the RBNZ Interest decision, we won't anticipate a rejection.
Should the price action break this level, we could take a short opportunity right away.
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.