AUD/NZD Price Analysis: Extends pullback from 21-day SMA after RBA

  • AUD/NZD probes the monthly resistance line after RBA’s no rate change.
  • 50-day SMA adds to the upside barriers.
  • A three-week-old rising trend line offers additional support.

Following the RBA’s no rate change announcement, not to forget upbeat remarks, AUD/NZD extends recovery gains from 21-day SMA to a one-week high of 1.0289, currently near 1.0277, amid the early Tuesday.

The pair currently confronts the short-term rising trend line, at 1.0295, ahead of targeting a 50-day SMA level of 1.0340.

However, the pair’s sustained trading beyond 1.0340 will enable it to question March month top surrounding 1.0535.

Meanwhile, a daily closing below 21-day SMA level of 1.0215 can drag the quote to the near-term rising support line, currently at 1.0175.

AUD/NZD daily chart

Trend: Further recovery expected


Today last price 1.027
Today Daily Change 0.0034
Today Daily Change % 0.33
Today daily open 1.0236
Daily SMA20 1.0213
Daily SMA50 1.0341
Daily SMA100 1.0392
Daily SMA200 1.0509
Previous Daily High 1.0273
Previous Daily Low 1.0215
Previous Weekly High 1.0362
Previous Weekly Low 1.0151
Previous Monthly High 1.0536
Previous Monthly Low 0.9924
Daily Fibonacci 38.2% 1.0237
Daily Fibonacci 61.8% 1.0251
Daily Pivot Point S1 1.021
Daily Pivot Point S2 1.0183
Daily Pivot Point S3 1.0152
Daily Pivot Point R1 1.0268
Daily Pivot Point R2 1.03
Daily Pivot Point R3 1.0326



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