AUDNZD Daily Chart Analysis The AUDNZD daily chart reveals an obvious bullish trend that has been progressing since mid, October 2025, with price making higher highs and higher lows while moving in an ascending pattern. On 17th October 2025, the pair bottomed out near the 1.1310 level after a brief corrective phase. Buyers were very aggressive when the price was at that level, forcing it to move toward 1.1500 by 27th October. This first move up made the first higher low and indicated the starting point of the major uptrend. From 27th October until 6th November, the price still went up, hitting a swing high near 1.1585 on 4th November. There was selling pressure in the area from a pair of drops back into 12th November. The pullback was near 1.1480 and above the previous October low, thus confirming the bullish pattern. Moreover, the pullback was simply a correction, and the candles had small bodies and long wicks, which indicated that the profit-taking was controlled and the trend was not reversed. Between the 13th and 20th of November, AUDNZD made several attempts to go higher, but it was turned down near 1.1550. The pair then underwent a more profound correction, and on 28th November, it reached the 1.1400, 1.1420 area. Besides, that level corresponded with the rising moving average and the bottom line of the ascending channel. The market reaction was very strong, showing that the demand was high. Whats more, the 28th November low became an even higher low within the trend. The pair then experienced a strong impulsive rally that lasted from 2nd to 9th December, during which it easily broke the 1.1550 resistance level and eventually made it close to 1.1650. The momentum was growing so much that it could be easily noticed by the size of bullish candles and minimal overlapping. Price after this surge went into a consolidation phase between 10th and 17th December, with a range bound between 1.1580 and 1.1650. The range here is more of a continuation pattern rather than a distribution. On the 18th of December, buyers managed to regain control as they took the AUDNZD higher toward 1.1700. Subsequently, the market registered a bigger swing high near 1.1725 on 5th January 2026. This was followed by a pullback to 13th January when the price dipped to close at 1.1550. This retreat was in line with the 50.0% Fibonacci mark of the previous upswing and also coincided with the trendline support; thus, the bullish bias was still valid. Also, using the low on 13th January, it is clear that the lows are getting higher. During the period between the 14th of January and the 6th of February, the price made a strong rally in a steeper ascending channel. The AUDNZD crossed the 1.1700 level and then rushed to 1.1800. On the 6th of February, the duo took a break near 1.1760, where the formation was a short consolidation. This break was above the 38.2% retracement, hence, showing shallow pullbacks which are typical of a strong trend. The next impulsive move appeared from the 7th to the 19th of February, when the price was pushed to a new updated high near 1.1875 on 19th February. This high is in line with the 0.0% Fibonacci extension on the chart, and it is the present trend high. The trading candles at this time were predominantly bullish with very few downside wicks, indicating strong upward momentum. On 24th February, the price was pretty much unchanged near 1.18501.1870, just a bit below the last high. The RSI is near the upper band, indicating strength but no extreme divergence, while MACD is still positive and above the signal line, confirming the trend continuation. From the structural point of view, the market continues to be bullish as long as the price stays above the major support zone around 1.1670-1.1700, which corresponds to the 50.0% and 61.8% retracement levels of the most recent swing. The big picture trend structure is still there, with buyers holding the steering wheel very strongly, even though there are also consolidation risks around the highs in the short term.
