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AUD/NZD - 20 dma break shows neutral signals

+ 20 pts in Asia, as AUD shorts cut into US payrolls tonight Opened +0.9% - NZD sold - Citi FX wire extra recent average NZD volumes Long term players book short profits ahead of parity 1.0398 20 dma break a positive - c…

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AUD/NZD - 20 dma break shows neutral signals
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  • + 20 pts in Asia, as AUD shorts cut into US payrolls tonight

  • Opened +0.9% - NZD sold - Citi FX wire extra recent average NZD volumes

  • Long term players book short profits ahead of parity

  • 1.0398 20 dma break a positive - close above targets 1.0479 38.2% 2015 fall

  • Earlier 1.0390 low & last week's 1.0478 high & 38.2% Fibo initial support/resistance

 

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