AUD/NZD one of the strongest trends in FXAustralian Dollar / New Zealand DollarFOREXCOM:AUDNZDFOREXcomIf you are looking for a clean, strong trend in FX then look no further than the AUD/NZD, thanks to a hawkish RBA and dovish RBNZ. This pair had been going side-ways for 10 - TEN - years after repeatedly finding support around 1.0000 to 1.0500/0600 area since 2013. But every time it tried to rally, it hit repeated resistance around the 1.1400/1.1500 area, with the pair spending most of the time oscillating around 1.1000. BUT this year, something has changed: we are seeing a bullish trend emerge after rates bottomed in April around 1.0650ish. Since then, a number of higher highs and higher lows have been created. The pair has established a trend line and broken above its moving averages including my favorites 21 and 200 day MAs. More important, it has now broken the highs from 2015 and 2022, both just beneath the 1.1500 area. Therefore, any dips back into the shaded region on the chart in the coming days could potentially lead to a nice bounce trade that could take us near the 1.20s in the weeks ahead. By Fawad Razaqzada, market analyst with FOREX.com