26 May 2014
AUD/NZD sitting firmly on 1.08 handle
FXStreet (Guatemala) - AUD/NZD is trading at 1.0824, up 0.30% on the day, having posted a daily high at 1.0829 and low at 1.0799.
AUD/NZD may pick up in the week as Stephen Toplis, Head of Research at BNZ explains there will be a lot of eyes on Wednesday afternoon’s ANZ monthly business survey; “mainly to see if it might, just might, come off the boil a tad. The way last week’s consumer confidence index did (in spite of the presumed post-Budget feel-good factor that has seen the incumbent National party bounce back in the political polls over the weekend)”.
AUD/NZD levels
Current price is 1.0825, with resistance ahead at 1.0829 (Daily High), 1.0841 (Daily Classic R2), 1.0849 (Weekly Classic R1), 1.0866 (Daily Classic R3) and 1.0869 (Monthly High). Next support to the downside can be found at 1.0816 (Daily Classic R1), 1.0815 (Yesterday's High), 1.0814 (Daily Open), 1.0813 (Weekly High) and 1.0810 (Hourly 200 SMA).
AUD/NZD may pick up in the week as Stephen Toplis, Head of Research at BNZ explains there will be a lot of eyes on Wednesday afternoon’s ANZ monthly business survey; “mainly to see if it might, just might, come off the boil a tad. The way last week’s consumer confidence index did (in spite of the presumed post-Budget feel-good factor that has seen the incumbent National party bounce back in the political polls over the weekend)”.
AUD/NZD levels
Current price is 1.0825, with resistance ahead at 1.0829 (Daily High), 1.0841 (Daily Classic R2), 1.0849 (Weekly Classic R1), 1.0866 (Daily Classic R3) and 1.0869 (Monthly High). Next support to the downside can be found at 1.0816 (Daily Classic R1), 1.0815 (Yesterday's High), 1.0814 (Daily Open), 1.0813 (Weekly High) and 1.0810 (Hourly 200 SMA).