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AUD/NZD decent volumes, as long term shorts cover

+0.6%in Asia after slightly dovish RBNZ statement Economist polled after the RBNZ are not convinced 5, 10 & 20 dma's trend north - 1.0530 March high capped, but vulnerable Initial support/resistance is seen at 1.0420 NY …

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AUD/NZD decent volumes, as long term shorts cover
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  • +0.6%in Asia after slightly dovish RBNZ statement
  • Economist polled after the RBNZ are not convinced

  • 5, 10 & 20 dma's trend north - 1.0530 March high capped, but vulnerable

  • Initial support/resistance is seen at 1.0420 NY close & Asian 1.0520 high 

 

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Major Pair Currency Score: AUDUSD Bearish

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