Friday, October 16, 2026

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AUD/NZD Parity viable longer term

Bought early in illiquid conditions, touched 1.0244 & retreated Component flow, but cross was low key 5, 10 & 20 dma's head lower - negative setup Fonterra auction tonight initial event risk 1.0192 NY close & Asian 1.024…

By Earlence Fernandes
1 min read
AUD/NZD Parity viable longer term
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  • Bought early in illiquid conditions, touched 1.0244 & retreated

  • Component flow, but cross was low key

  • 5, 10 & 20 dma's head lower - negative setup

  • Fonterra auction tonight initial event risk

  • 1.0192 NY close & Asian 1.0244 high are initial support/resistance

 

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By FxWirePro Team