AUD/NZD Price Analysis: Aussie pressured near mid-1.0800s as long-term trend weakens

  • The AUD/NZD pair is trading with a slight downside bias on Wednesday as it hovers near the mid-1.0800s, showing mild losses for the day ahead of the Asian session. While short-term signals such as the MACD offer tentative support and the RSI stays neutral, the broader picture remains pressured by a bearish trend, reinforced by declining longer-term moving averages.