AUD/NZD Price Analysis: Bulls testing a critical area of daily resistance

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AUD/NZD Price Analysis: Bulls testing a critical area of daily resistance
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AUD/NZD Price Analysis: Bulls testing a critical area of daily resistance By ross_burland AUDNZD Technical Analysis

The price has left an M-formation on the daily chart and the neckline aligns with the recent highs of the correction. While there are chances that the price can continue correcting for a fuller retest of the resistance, a bearish close could signify the end of the correction, leading to a move down to retest support towards 1.0620 in the coming days.

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