Generally speaking it appears equity seems to be flowing into the Aussie crosses against minor pairs as AUDNZD traces out a bullish bias. However current price at 1.08999 is near critical resistance zone of 1.9307/1.9738 and hence further upside movement may experience some disappointment in this pair going into the week. Nevertheless, we expect price to eventually penetrate and close above the 1.9307/1.9738 cluster resistance zone at which point 1.13617/1.3905 cluster resistance zone should be target trade over some weeks.
On the downside, decisive price close below first upward orange sloping trend line will most likely cause price to seek second upward sloping trend line shown as support target.
On the downside, decisive price close below first upward orange sloping trend line will most likely cause price to seek second upward sloping trend line shown as support target.