16 Jul 2014
AUD/NZD goes to the moon
FXStreet (Guatemala) - AUD/NZD is trading at 1.0729, up 0.41% on the day, having posted a daily high at 1.0742 and low at 1.0683.
AUD/NZD took off to the moon on the release of the CPI from New Zealand that gave us a weaker print. New Zealand's CPI for June printed a 0.3% vs 0.4% expected and 0.3% in May, with the annual CPI coming at 1.6% vs 1.5% exp and 1.6% in May.
AUD/NZD Levels
Current price is 1.0732, with resistance ahead at 1.0737 (Daily 20 SMA), 1.0742 (Daily High), 1.0777 (Daily 100 SMA), 1.0781 (Weekly Classic R2) and 1.0829 (Weekly Classic R3). Next support to the downside can be found at 1.0719 (Daily Classic R3), 1.0719 (Weekly Classic R1), 1.0698 (Daily Classic R2), 1.0695 (Weekly High) and 1.0694 (Yesterday's High).
AUD/NZD took off to the moon on the release of the CPI from New Zealand that gave us a weaker print. New Zealand's CPI for June printed a 0.3% vs 0.4% expected and 0.3% in May, with the annual CPI coming at 1.6% vs 1.5% exp and 1.6% in May.
AUD/NZD Levels
Current price is 1.0732, with resistance ahead at 1.0737 (Daily 20 SMA), 1.0742 (Daily High), 1.0777 (Daily 100 SMA), 1.0781 (Weekly Classic R2) and 1.0829 (Weekly Classic R3). Next support to the downside can be found at 1.0719 (Daily Classic R3), 1.0719 (Weekly Classic R1), 1.0698 (Daily Classic R2), 1.0695 (Weekly High) and 1.0694 (Yesterday's High).