To follow up from previous analysis we suspect we have seen a bearish confirmation for a triangle / pennant pattern as we approach the RBA rate decision and election results.
| Resistance 3: | 1.0576 | 09/06 high, lower bound of gap | |
| Resistance 2: | 1.0526 | 24/06 high, monthly pivot, 20 eMA | |
| Resistance 1: | 1.0450 | Pivotal S/R | |
| AUDNZD: | 1.0436 | ||
| Support 1: | 1.0345 | Pivotal S/R | |
| Support 2: | 1.0322 | Monthly S1, Weekly S2 | |
| Support 3: | 1.0222 | Pivotal S/R |