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AUD/NZD sees modest bearish setup

Friday, March 20, 2015 3:55 AM UTC

Doji in Asia - weaker USD leads to a quiet end to a frenzied week
Momentum studies 5, 10 & 20 dma's move downwards, suggesting bearish setup
Pair may consolidate on data due next week
Initial support at Asian 1.0298 low & 1.0284 March low
Resistance seen at NY 1.0356 high & yesterday's 1.0397 high

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AUD/NZD sees modest bearish setup

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