The AUD/NZD pair is currently expected to move lower. This bearish outlook is supported by the formation of a swing high along with a downward trendline, both indicating continued selling pressure.
With these technical signals, the short-term outlook for AUD/NZD remains bearish, with potential for further downside movement.
Recommendation:
- Sell AUD/NZD
- Entry: 1.10855
- Take Profit: 1.10622
- Stop Loss: 1.11010
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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