29 Apr 2015
Technical outlook for the Antipodeans – Westpac
FXStreet (Barcelona) - David Coloretti of Westpac, gives the technical outlook and key targets for AUD/USD, NZD/USD and AUD/NZD.
Key Quotes
“AUD/USD:Impulsive topside breakouts continue to achieve targets. Setting up for a bullish month end close. Support 0.7930/50. Target 0.8250/00.”
“NZD/USD: MT momentum remains fully supportive of the ongoing upswing. ST momentum now in sync. Break of 0.7740/45 the next bullish trigger.”
“AUD/NZD: Close above 1.0320/40 has triggered the next phase of this impulsive upswing. Support today at 1.0310/30. Target 1.05+.”
Key Quotes
“AUD/USD:Impulsive topside breakouts continue to achieve targets. Setting up for a bullish month end close. Support 0.7930/50. Target 0.8250/00.”
“NZD/USD: MT momentum remains fully supportive of the ongoing upswing. ST momentum now in sync. Break of 0.7740/45 the next bullish trigger.”
“AUD/NZD: Close above 1.0320/40 has triggered the next phase of this impulsive upswing. Support today at 1.0310/30. Target 1.05+.”