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AUD/NZD - bias lower, AUD jobs lead a light data list next week

Momentum studies & 5dma base, 10 & 20dma's continue to fall - mixed signals pivotal resistance at 1.0215 , 38.2% Fibonacci retracement and 1.0240 falling 20 dma Suggests consolidation into Thursday's jobs - Wed's 1.0151/…

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AUD/NZD - bias lower, AUD jobs lead a light data list next week
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  • Momentum studies & 5dma base, 10 & 20dma's continue to fall - mixed signals
  • pivotal resistance at 1.0215 , 38.2% Fibonacci retracement and 1.0240 falling 20 dma
  • Suggests consolidation into Thursday's jobs - Wed's 1.0151/1.0208 range sup/res

 

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