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AUD/NZD short covering started to bite with pair up 0.85% to 1.0125

As expected AUS CPI data caught AUD shorts wrong-footed NZD/USD opens Wednesday at 0.7673 trades 0.7658-87 range in Asia NZD/USD touched 0.7687 in sympathy with AUD/USD rally

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EconoTimes — Reading the Times. Understanding the Future.

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  • As expected AUS CPI data caught AUD shorts wrong-footed

  • NZD/USD opens Wednesday at 0.7673 trades 0.7658-87 range in Asia

  • NZD/USD touched 0.7687 in sympathy with AUD/USD rally

 

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Technicals

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