- Pair is currently supported above $1.0900 marks.
- It made intraday high at 1.0925 and low at 1.0890 levels.
- Intraday bias remains bullish for the moment.
- On the top side, key resistance levels falls at 1.0973/ 1.1086 levels.
- Alternatively, a daily close below 1.0888 will turn bias negative and drag the parity towards key support at 1.0729/ 1.0576 levels.
We prefer to take long position in AUD/NZD around 1.0905, stop loss 1.0888 and target 1.1086/ 1.1347 levels.
The material has been provided by InstaForex Company – www.instaforex.com