AUDNZD is currently rallying around 1.07982. On the Daily Chart , the previous candle closed above the previous 52 Period Exponential Moving Average.
This is a possible Indication that we are in an active up trend . AUDNZD is currently in a range, not going above the previous day's highest high 1.08245,or the previous day's lowest low 1.07441. If the price breaks above 1.08245 then we will consider a long term buy with our target at 1.02993. And on the flipside, a sustained move below
1.08245 will attract sellers with an ideal target around 0.9993 from FreshForex