Technical analysis of EURNZD
AUD/USD: 'Breakaway Gap' led to new low
Information is not investment advice
There's a 'Breakaway Gap', so we've got a new local low. However, it's likely to have a local downward correction in the short term, so we should keep an eye on the previously tested resistance at 0.7024 as a possible target. If a pullback from this level happens next, bears will probably try to reach another support at 0.6947.