
AUD/NZD Technical Analysis (1W + 4H) & Trade Idea
AUD/NZD Technical Analysis (1W + 4H) & Trade Idea
Big picture (Weekly):
https://www.tradingview.com/x/WxcjFCaw
Massive bullish breakout in mid-2026 — price exploded from ~1.13 to 1.22 and is now consolidating right at the highs. Clear upward trendline from the lows is still intact.
Key levels:
• Major resistance: 1.21492
• Major support: 1.19336 (next at 1.145 MA)
Short-term (4H):
https://www.tradingview.com/x/Hh22ZERB
Price is testing the 1.21492 resistance right now.
• EMA 50 (orange) acting as dynamic support, sloping higher.
• EMA 200 (red) well below, confirming the uptrend.
• RSI (28) at 65.37 — bullish momentum, sitting comfortably above its SMA 50 line (no overbought yet).
Bullish case:
Clean break & retest of 1.21492 → continuation higher (new highs). Weekly trendline + EMAs stay supportive.
Bearish case:
Fakeout/rejection at 1.21492 → quick drop to 1.19336 support or EMA zone. Market structure shift lower if it loses the orange EMA.
Will the bulls smash through 1.21492 or get rejected and pull back? Drop your take below!
Indicator Settings:
EMA 50 (orange)
EMA 200 (red)
RSI: Period 28; SMA 50
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