8 Jul 2014
AUD/NZD meeting 1.0720 resistance
FXStreet (Guatemala) - AUD/NZD is trading at 1.0711, up 0.12% on the day, having posted a daily high at 1.0720 and low at 1.0697.
AUD/NZD is making hard work of the 1.0720 level and offers are keeping the pair at bay there post a little run up to test resistance when the NZIER Business Confidence (QoQ ) came out down to 32% in 2Q from previous 52% Currently hourly RSI is at 71.70, up from the last hourly print at 56.09 while daily RSI sits at 39.97, in neutral territory
AUD/NZD Levels
Current price is 1.0713, with resistance ahead at 1.0720 (Daily High), 1.0732 (Daily Classic R1), (Hourly 100 SMA), 1.0734 (Yesterday's High) and 1.0738 (Weekly Classic PP). Next support to the downside can be found at 1.0705 (Hourly 20 EMA), 1.0704 (Daily Classic PP), 1.0700 (Daily Open), 1.0697 (Daily Low) and 1.0687 (Yesterday's Low).
AUD/NZD is making hard work of the 1.0720 level and offers are keeping the pair at bay there post a little run up to test resistance when the NZIER Business Confidence (QoQ ) came out down to 32% in 2Q from previous 52% Currently hourly RSI is at 71.70, up from the last hourly print at 56.09 while daily RSI sits at 39.97, in neutral territory
AUD/NZD Levels
Current price is 1.0713, with resistance ahead at 1.0720 (Daily High), 1.0732 (Daily Classic R1), (Hourly 100 SMA), 1.0734 (Yesterday's High) and 1.0738 (Weekly Classic PP). Next support to the downside can be found at 1.0705 (Hourly 20 EMA), 1.0704 (Daily Classic PP), 1.0700 (Daily Open), 1.0697 (Daily Low) and 1.0687 (Yesterday's Low).