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AUD/NZD trading in oversold territory

By : Mex Group

AUD/NZD trading in oversold territory

15 September 2016, 01:01

The daily AUD/NZD RSI has moved below 30%, meaning that the pair is trading in oversold territory.

The AUD/NZD daily RSI(14) has crossed below the 30% threshold while the weekly oscillator is already printing below 50% for several months. This suggests a fully-fledged down trend with a risk of being over extended market.

AUD/NZD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.0246865749359 1.0249832868576 1.0254266262054 1.0261666774749 1.0264633893966 1.0269067287445

Trend IndexOB/OS Index
Bearish Neutral