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AUD/NZD weighed by data, gains evaporate

Contrasting data weighed in Asia Opened -0.2% & -0.54% in Asia - swaps RBA March cut moved from 39% to 52% Neutral momentum studies, 5, 10 & 20 dma's clash - implies consolidation This week's initial support/resistance a…

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AUD/NZD weighed by data, gains evaporate
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  • Contrasting data weighed in Asia

  • Opened -0.2% & -0.54% in Asia - swaps RBA March cut moved from 39% to 52%

  • Neutral momentum studies, 5, 10 & 20 dma's clash - implies consolidation

  • This week's initial support/resistance are 1.0353 low & earlier 1.0427 high

 

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