Abstract:The AUDNZD exhibits a predominantly sideways trend with a hint of bullishness.

The AUDNZD exhibits a predominantly sideways trend with a hint of bullishness. The shorter SMA, initially beneath the longer one, is now at a pivotal intersection, potentially signaling an upcoming bullish crossover. The stochastic oscillator, sitting around the mid-level of 50 and positioned above its 3-day MA, further endorses this bullish sentiment. Traders should keep a close watch for potential breakout momentum if the bullish cues strengthen.
There is a resistance level at 1.08988; followed by resistance at 1.09106 and 1.09266.
• There is a support level at 1.08156 Below, there are 1.08336 and 1.08631.



From July 23 to 24, renowned economist Mr. Fu Peng — a specially appointed financial think tank expert for national media outlets including Xinhua News Agency and China Central Television — will attend WikiEXPO in Hong Kong. He will join global industry leaders, regulatory representatives, and fintech experts to discuss new challenges in trading security amid profound macroeconomic transformation.

Although no large-scale public complaints have yet surfaced, we have identified a coordinated cluster of suspicious investment platforms exhibiting strong characteristics of organized fraud operations.

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