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AUD/NZD awaits RBA meeting on May 5

Watchful NZ Fin min & confident Aus Fin Momentum studies conflict, 5, 10 & 20 dma's head north Positive setup, but swaps now price an RBA cut at 62% from 57% yesterday Support/resistance is seen at 1.0373 and 1.0429

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AUD/NZD awaits RBA meeting on May 5
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  • Watchful NZ Fin min & confident Aus Fin

  • Momentum studies conflict, 5, 10 & 20 dma's head north

  • Positive setup, but swaps now price an RBA cut at 62% from 57% yesterday

  • Support/resistance is seen at 1.0373 and 1.0429

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560