Pair stays underneath stress under key shifting averages

• AUD/NZD was seen buying and selling close to the 1.0840 zone, mildly recovering after earlier losses
• The pair maintains a powerful bearish outlook, buying and selling under all main shifting averages
• Momentum indicators recommend continued draw back, although RSI alerts nearing oversold circumstances

The AUD/NZD pair continues to mirror bearish dynamics on Monday’s session , with worth motion hovering close to the 1.0800 area. Regardless of a modest rebound, the broader technical construction stays tilted to the draw back.

The pair is firmly capped by all main shifting averages — each easy and exponential — from quick to long-term intervals. Notably, the 10-day EMA at 1.08495, 50-day EMA at 1.09701, and 100-day SMA at 1.10280 all level south, whereas the 200-day SMA at 1.10080 reinforces the longer-term bearish bias. Value has failed to interrupt above any of those key averages, confirming sustained draw back stress.

Momentum indicators are aligned with the bearish theme. The MACD continues to print crimson bars, whereas the Momentum oscillator at −0.02370 additionally suggests weak shopping for curiosity. In the meantime, the RSI sits at 33.10 approaching oversold territory, which can gradual the tempo of losses however doesn’t but assist a reversal.

Help is seen at 1.0800 and 1.0765, with deeper losses eyeing the 1.0720 zone. Resistance ranges are stacked at 1.0850, 1.0900, and 1.0970 (50-day EMA). For now, the technical panorama favors sellers whereas the pair stays suppressed under these shifting averages.

Every day chart