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AUD/NZD Weekly Forecast ( January 23-27)

Daily chart analysis

The price for AUD/NZD is near EMA200 (1.0500), according to the daily chart. If the price falls below EMA200, a possible target for this pair may be 1.0350 in order to form a triangle.  The MACD and the stochastic oscillator are near negative zone. 

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8 hour chart analysis

At this moment, the AUD/NZD currency pair is into a tight range between 1.0564 - 1.0482. According to the 8 hour, the MACD is near negative zone.

AUDNZD8h page 001

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