AUD/NZD takes on the 1.07 handle

FXStreet (Guatemala) - AUD/NZD is trading at 1.0705, up 0.13% on the day, having posted a daily high at 1.0708 and low at 1.0689.

AUD/NZD has popped up onto the 1.07 handle but is stalling within the tight range between 1.0690/10. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is strongly bullish. Currently RSI is at 64.11, up from the last hourly print at 52.33 and daily RSI sits at 38.95, in neutral territory.

AUD/NZD Levels

Spot is presently trading at 1.0708, and next resistance can be seen at 1.0720 (Yesterday's High), 1.0727 (Daily Classic R1), 1.0737 (Hourly 200 SMA) and 1.0738 (Weekly Classic PP). Next support to the downside can be found at 1.0707 (Daily Classic PP), (Hourly 100 SMA), 1.0699 (Hourly 20 EMA), 1.0695 (Daily Open) and 1.0689 (Daily Low).

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