• AUD/NZD bears eye a break of trendline support and then the 1.0720s will be eyed on a break of structure below 1.0800. 
• Bulls are trying to fend off the bears above the W-formaiton's neckline. 

AUD/NZD has been climbing into shorts throughout the start of the year in a continuation of the mid-December rally from the lows in the 1.0480s. The pair has gained over 4% since then. the following illustrates the prospects of a continuation to test the resistance of 1.0950 for the sessions ahead.