16 Jun 2014
AUD/NZD bumping along with bearish bias
FXStreet (Guatemala) - AUD/NZD is trading at 1.0827, down -0.19% on the day, having posted a daily high at 1.0853 and low at 1.0816.
AUD/NZD remains at the bottom of the sell off post the hawkish stance from the RBNZ last week. Spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish. Meanwhile, we are awaiting to hear from the RBA Assistant Governor Chris Kent who will be speaking on the labour market today at 1:20pm Sydney and then we have the RBA minutes released tomorrow at 11:30am Syd.
AUD/NZD Levels
Current price is 1.0830, with resistance ahead at 1.0831 (Daily Classic S1), 1.0843 (Daily Open), and 1.0851 (Weekly Low). Next support to the downside can be found at 1.0816 (Daily Low), 1.0810 (Daily Classic S2), 1.0789 (Daily 100 SMA), and 1.0772 (Weekly Classic S1).
AUD/NZD remains at the bottom of the sell off post the hawkish stance from the RBNZ last week. Spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish. Meanwhile, we are awaiting to hear from the RBA Assistant Governor Chris Kent who will be speaking on the labour market today at 1:20pm Sydney and then we have the RBA minutes released tomorrow at 11:30am Syd.
AUD/NZD Levels
Current price is 1.0830, with resistance ahead at 1.0831 (Daily Classic S1), 1.0843 (Daily Open), and 1.0851 (Weekly Low). Next support to the downside can be found at 1.0816 (Daily Low), 1.0810 (Daily Classic S2), 1.0789 (Daily 100 SMA), and 1.0772 (Weekly Classic S1).