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NZD/USD firmer as RBA decision weighs on AUD/NZD

Pair probes fresh session high within tight 0.7501/0.7522 range DXY extended to fresh post Sep 2003 high of 95.516 early before move reversed Relative outperformance vs AUD has cross at 1.0326 looks at sub-1.03 if RBA cu…

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  • Pair probes fresh session high within tight 0.7501/0.7522 range

  • DXY extended to fresh post Sep 2003 high of 95.516 early before move reversed

  • Relative outperformance vs AUD has cross at 1.0326 looks at sub-1.03 if RBA cut

  • AUD/NZD under pressure as price signals points to widen to 150 bps

 

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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