AUD/NZD 5, 10 & 20 dma's head higher, signals are positive

Source: Thomson Reuters

• AUD building approvals climbed, but volatile & little impact 
  
  
• AUD/NZD 35pts of bargain hunting in Asia - opened +1.5% on month end flow
  
  
• 5, 10 & 20 dma's head higher, neutral momentum studies - net positive
  
  
• 1.1300 now major support, offshore 1.1388 high then 1.1462, 38.2% of 2011/15 fall resistance