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21 May 2014
AUD/NZD extending the downside
FXStreet (Guatemala) - AUD/NZD is trading at 1.0776, down -0.02% on the day, having posted a daily high at 1.0788 and low at 1.0771.
AUD/NZD is extending the downside while Australia printed very poor consumer confidence numbers, posting its lowest level since August 2011. The 200 SMA is now currently at 1.0808, down from 1.0831 at the last period close, and declining on the hourly AUD/NZD chart.
AUD/NZD Levels
With spot trading at 1.0779, we can see next resistance ahead at 1.0781 (Daily Open), 1.0788 (Daily High), 1.0793 (Hourly 20 EMA), 1.0793 (Daily Classic S1) and 1.0804 (Weekly Classic S1). Support below can be found at 1.0775 (Yesterday's Low), 1.0774 (Daily Classic S2), 1.0771 (Daily Low), 1.0758 (Weekly Classic S2) and 1.0755 (Daily 100 SMA).
AUD/NZD is extending the downside while Australia printed very poor consumer confidence numbers, posting its lowest level since August 2011. The 200 SMA is now currently at 1.0808, down from 1.0831 at the last period close, and declining on the hourly AUD/NZD chart.
AUD/NZD Levels
With spot trading at 1.0779, we can see next resistance ahead at 1.0781 (Daily Open), 1.0788 (Daily High), 1.0793 (Hourly 20 EMA), 1.0793 (Daily Classic S1) and 1.0804 (Weekly Classic S1). Support below can be found at 1.0775 (Yesterday's Low), 1.0774 (Daily Classic S2), 1.0771 (Daily Low), 1.0758 (Weekly Classic S2) and 1.0755 (Daily 100 SMA).