The AUDNZD pair is attempting to break below a key support level, which if we see occur would likely lead to a continued sell-off in the pair. The four hour chart below shows that the pair is challenging the 1.0733 level, which has provided support on two previous occasions. The stochastic and CCI indicators are pointing towards an oversold market, yet this could be nullified by a close below 1.0733. Should this occur, I would be looking for move lower towards the 1.064 level, which represents the next notable level of support. However, an inability to do this could see us continute to trade within the 1.0733-1.089 ... (full story)