AUD/NZD Intraday: The upside prevails as long as 1.2435 is support

Nov 4, 2026 6:00 AM

The upside prevails as long as 1.2435 is support, with 1.2508 and 1.2526 as targets

Our pivot point is at 1.2435.
Our preference:
The upside prevails as long as 1.2435 is support, with 1.2508 and 1.2526 as targets
Alternative scenario:
below 1.2435, expect 1.2406 and 1.2388.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 1.2447 and 1.2427).
Supports and resistances:
1.2543 *
1.2526 **
1.2508
1.2469 last
1.2435 **
1.2406 *
1.2388 **

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