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AUD/NZD there is rom to the 1.11 handle

FXStreet (Guatemala) - AUD/NZD is trading at 1.1086, up 0.19% on the day, having posted a daily high at 1.1091 and low at 1.1062.

AUD/NZD spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. The pair has managed to rebound away from the 1.1060 support and finds room on the way to the psychological 1.11 handle. RSI is in neutral territory at 71.45, up from it’s last hourly close at 62.11 while looking to a daily chart, we see that RSI is neutral at 63.92.

AUD/NZD hourly levels

Spot is presently trading at 1.1087, and next resistance can be seen at 1.1088 (Monthly High), 1.1088 (Weekly High), 1.1088 (YTD High), 1.1090 (Weekly Classic R2) and 1.1091 (Daily High). Support below can be found at 1.1075 (Daily Classic PP), 1.1074 (Hourly 20 EMA), 1.1066 (Daily Open), 1.1062 (Daily Low) and 1.1055 (Yesterday's Low).

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