Technical Analysis – AUDNZD continues to tumble with negative short-term signals intact

AUDNZD bears seem to be in control after the reversal at the twelve-month peak of 1.0864 and the break below the 1.0663 low. Having dropped past all simple moving averages (SMAs), the medium-term bias seems to have turned back to mostly neutral. Even though the pair has encountered some upside pressure at the 1.0452 level, […]