Quotes from Lloyds Bank:
-AUDNZD is once again struggling to hold onto a decline through the 26 year support level around 1.04. With Copper holding under trend resistance at 263.00/263.50 and Oil still trapped in its recent lower range there seems little to support the AUD side of the cross, so we expect further gains to be limited by the .7900-.7980 trend resistance window.
-At the moment it's the NZDUSD that looks a little vulnerable after correcting higher this month into the .7550/.7620 resistance window. While under here we see the risk of a slide back towards the lows, confirmed by a decline through .7490/.7430.
