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AUDNZD Weekly Technical Analysis | December 6, 2014



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AUDNZD is near to trendline support area. 1.0744 can be good support for this pair and this is 1st weekly support for this pair. It can be buying zone according to trendline analysis. If we see bullish candle confirmation on trendline, then we can go for buy in this pair and target will be 1.0900. On the other hand, this pair is full of down trend. So with the break of trendline, we can see this pair at 1.0600



Weekly Pivot, Support and Resistance


Resistance Two (R2): 1.0903

Resistance One (R1): 1.0846

Pivot Point: 1.0801

Support One (S1): 1.0744

Support Two (S2): 1.0700


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