- AUD/NZD bears extend slump for 3rd consecutive week, eye 50-DMA support at 1.0856.
- Kiwi ignores sharp drop seen in the NZ credit card spending data regains bid tone after latest poll.
- The latest opinion poll released by Newshub Reid, showed that the ruling National Party regained lead over the opposition Labour Party in New Zealand’s nation election poll.
- Aussie depressed further after Governor Phillip Lowe suggested that the RBA could be far from considering any monetary policy tightening.
- AUD/NZD down 0.46% on the day, hovers just above major 50-DMA support at 1.0856.
- Techs are biased lower, break below 50-DMA will see further drag, scope then for test of 100-DMA at 1.07.
- On the flipside, we see major resistance at 1.1155 (major trendline), only decisive break above 1.1155 (trendline) could see further upside.
Call update: Our previous call (http://www.econotimes.com/FxWirePro-AUD-NZD-recovery-capped-below-5-DMA-at-110-bias-bearish-906263) has hit TP1.
Recommendation: Book partial profits at lows, watch out for break below 50-DMA for further downside.
FxWirePro Currency Strength Index: FxWirePro's Hourly AUD Spot Index was at -31.2479 (Neutral), while Hourly NZD Spot Index was at 120.364 (Bullish) at 0840 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD eases slightly, focus on near-term support
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Woodies pivot (Major)
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: AUD/USD eases as investors await U.S. employment figures 



