Both currency pairs fell through 100-hour moving averages but recovered near 200-hour support, signaling short-term indecision.
The AUDUSD slipped below its 100-hour moving average at 0.72353 during Asia-Pacific trading, marking a modest shift in short-term bias. Sellers initially gained ground, but the pair rebounded near the 200-hour moving average at 0.72135, with buyers defending the level twice in early North American trade.
The NZDUSD mirrored the pattern, breaking below its 100-hour moving average before stabilizing near a swing area between 0.5927 and 0.59355. A recovery rally stalled at 0.5954, where sellers re-emerged, leaving both pairs trapped between key technical levels.
Traders now await a decisive break above or below these boundaries for clearer directional signals, as current price action suggests a neutral short-term outlook.