The price of AUDNZD has been falling below 100 hours moving average throughout October. With the RBA decision, AUDNZD break above this resistance and started to form an uptrend. Now 100 hour moving average, big resistance of October can become an important support.
If the price break above the 1.07118 level which was also a bottom in September and resistance in October, the uptrend may continue to the 1.0770 level.
For downside moves, 1.0660 and 1.0637 levels can be followed as next supports.
