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AUD/NZD setback leaves major resistance around 1.1300

Tight doji in Asia, consolidating yesterday's 0.9% fall Offshore move appears to be profit taking on NZD shorts , no economic data Dip leaves 5 dma & momentum studies cresting - 10 & 20 dma's head north Neutral setup lea…

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AUD/NZD setback leaves major resistance around 1.1300
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  • Tight doji in Asia, consolidating yesterday's 0.9% fall

  • Offshore move appears to be profit taking on NZD shorts , no economic data

  • Dip leaves 5 dma & momentum studies cresting - 10 & 20 dma's head north

  • Neutral setup leaves major resistance & potential triple top at 1.1300

 

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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