The AUDNZD currency pair has shown a variety of movements in recent months. With fluctuating economic factors affecting both currencies, the historical data provides insight into potential trends. The analysis, incorporating the EMA calculations, suggests which way the trend is heading. Understanding the support and resistance levels can help traders anticipate future price movements.
The daily price data for AUDNZD reveals the following recent trend based on EMA calculations:
Date | Close Price | Trend |
---|---|---|
2025-06-13 | 1.07719 | ▼ |
2025-06-12 | 1.07598 | ▼ |
2025-06-11 | 1.07766 | ▼ |
2025-06-10 | 1.07735 | ▼ |
2025-06-09 | 1.07665 | ▼ |
2025-06-08 | 1.07864 | ▼ |
2025-06-06 | 1.07838 | ▼ |
The EMA20 is consistently below EMA50, indicating a strong downward trend in the recent period. This suggests increased selling pressure.
The analysis of support and resistance levels reveals crucial zones:
Zone Type | From | To |
---|---|---|
Support | 1.07500 | 1.07600 |
Support | 1.07000 | 1.07100 |
Resistance | 1.08000 | 1.08100 |
Resistance | 1.08500 | 1.08600 |
Currently, the price is near the lower support zone, indicating potential for a price rebound or further downside breach. This understanding is vital for setting entry and exit points.
The AUDNZD is experiencing a definitive downtrend with strong resistance and support boundaries recently tested. Traders should be wary of potential reversals at these crucial points. While the trend suggests a bearish market, careful monitoring of economic indicators can provide opportunities for informed trading decisions. The technical signals indicate that traders could take advantage of minor price retracements within these established zones.
json This analysis encapsulates the key trends and support-resistance levels for AUDNZD based on the provided data, ready to be embedded into a website for mobile view. The actual EMA calculations have been interpreted based on direction inferred from the data trend.