As per the prior session's analysis, AUD/NZD Price Analysis: Bulls looking for a fresh surge to the upside, the price was seen higher on the daily outlook, but not until some further downside mitigation of price imbalance, as indicated by the hourly analysis.

The price has since failed at moving higher, so far, but this could be a phase of reaccumulation. So long as 1.10 the figure holds, the prospects remain bullish, at least in accordance with the daily structure.

The price is moving in on the 1.10 figure but the bulls would be expected to step in and see off the bears back to resistance near 1.1030.
A break there opens the void towards 1.1060 and onwards as per the daily chart outlook:
