[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

AUD/NZD Is Trying To Breakdown

05/17/2022

Less than a minute

2022.05.17 16:23

Bearish

AUD/NZD is currently at the 1.1045, trading in a range. IF the pair can break the slope support, we’re looking for a continuation to the ATR target of 1.0974, and then to 1.0952.

Watch for the bounce there and keep an eye on the USDX for any change in direction; USDX was down at the time of this post.

The ATR for the pair currently is 75 pips per day and its 180 day average is 67 pips per day.

AUD/NZD Is Trying To Breakdown AUD/NZD Chart