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AUD/NZD rally poised to resume after short-lived dip sub-200 DMA

AUD/NZD rally off 2015 low on verge of resuming after short-lived dip sub-200 DMA 1.0900 the final hurdle to overcome, break there likely accelerates lift, 1.1020 is then initial target RSIs biased up & give bulls the mo…

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  • AUD/NZD rally off  2015 low on verge of resuming after short-lived dip sub-200 DMA

  • 1.0900 the final hurdle to overcome, break there likely accelerates lift, 1.1020 is then initial target

  • RSIs biased up & give bulls the momentum, aggressive bulls target 1.1300/20

  • RBA didn't give explicit ease bias while RBNZ looks poised to cut

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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