Our pivot point is at 1.2292.
Our preference: The upside prevails as long as 1.2292 is support, with 1.2359 and 1.2378 as targets
Alternative scenario: below 1.2292, expect 1.2261 and 1.2243.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). 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 1.2287 and 1.2280). The AUD/NZD is trading above its upper Bollinger band (standing at 1.2317).
Supports and resistances:
1.2396 *
1.2378 **
1.2359
1.2317 last
1.2292 **
1.2261 *
1.2243 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-08-2026 at 07:00 UTC+1
Price reference: 1.2317 last known on 09-08-2026 at 07:00 UTC+1
Investment horizon: INTRADAY
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