- Analytics
- News and Tools
- Market News
- AUD/NZD Price Analysis: Bearsish pressures are building
AUD/NZD Price Analysis: Bearsish pressures are building
- AUD/NZD bears are on the lookout for an opportunity.
- The bearish structure is in the making and the eyes are on the 1.0350s.
AUD/NZD finally met the M-formation's neckline target and now the emphasis is on the downside so long as the resistance holds up into the Reserve Bank of Australia meeting. The following illustrates the downside potential and opportunity fro a daily and 4-hour fractal basis:
AUD/NZD daily chart
As illustrated, the price has met the neckline of the M-formation and is now on the verge of a downside continuation. Of course, the RBA will be definitive of this technical setup, but this is one for the watch list for the coming sessions.
From a 4-hour perspective, the bears will want to see some bearish formation developed from which to protect a stop loss above structure in order to target the next liquidity zone to the downside in the 1.0320/50 zone.
AUD/NZD 4-hour chart
The above illustrates the potential shorting opportunity for the coming days ahead. A break of the dynamic support will be the first step towards a bearish opportunity on a retest of what will be a counter trendline.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
