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AUD/NZD dominated by component flow

Thursday, March 19, 2015 4:17 AM UTC

Pair dominated by USD component volatility/liquidity issues post FOMC
A brief NZD rally seen on positive NZ GDP
Momentum studies, 5, 10 & 20 dma's flat line indicate neural setup
Initial support seen at Asian 1.0343 low then this week's 1.0327 low
Resistance located at earlier 1.0397 high then yesterday's 1.0440 high

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AUD/NZD dominated by component flow

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