12–17Oct 2026
AUD/NZD Weekly Forecast: 12–17 October 2026
AUD/NZD retains a bullish D1 backdrop, but negative momentum and bearish H4 conditions make the near-term path less secure ahead of Australian labour data.
Current outlook · 17–24 Oct 2026
The weekly bias is bullish on the D1 trend state, though mixed closes, negative momentum and bearish H4 pressure make confirmation less immediate.
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AUD/NZD retains a bullish D1 backdrop, but negative momentum and bearish H4 conditions make the near-term path less secure ahead of Australian labour data.
AUD/NZD trades at 1.23611 within a technical corridor defined by 1.19102 support and 1.24875 resistance, with positive momentum indicators accompanying key labor data releases.
AUD/NZD weekly outlook depends on daily price action, key levels, momentum, and scheduled market events.
AUD/NZD exhibits strong bullish momentum near resistance at 1.23745, but overbought RSI levels suggest the potential for near-term consolidation.