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AUD/NZD extends rally toward 2022 highs - Société Générale
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AUD/NZD extends rally toward 2022 highs - Société Générale
New
2025.10.08 18:16
2025.10.08 18:16
2025.10.08 18:16
AUD/NZD has extended its rally beyond the September highs, signaling renewed bullish momentum. The pair is approaching the 1.1490/1.1520 zone near the 2022 peak, where upside momentum may begin to fade. While the move looks stretched, no clear reversal signals have emerged yet, with 1.1300 marking a key support level, Société Générale's FX analysts note.
Upward momentum in AUD/NZD builds, eyes 1.15 zone
"AUD/NZD has crossed the September highs after a brief pause, highlighting a resurgence of upward momentum. The move appears somewhat stretched; however, clear signals of a meaningful pullback are not yet visible."
"The pair is inching towards the 2022 peak and projections of 1.1490/1.1520, which could serve as an interim hurdle. If the upward move stalls around this zone, a short-term consolidation cannot be ruled out. The recent pivot low of 1.1300 is an important support."
Last updated
: 2025.10.08
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