The kiwi rose sharply across the board during the Asian session. Later a stronger AUD limited the slide of the pair. RBNZ decision in a few minutes likely to move NZD. The AUD/NZD pair consolidated losses and posted the lowest daily close since June, singling that more losses could be seen, if RBNZ does not surprise on the dovish side. Potential targets are seen at 1.0690 and 1.0655. The current trend is bearish and a rally to 1.0800 would be seen as corrective. A break above 1.0850 (20-day moving average) and 1.0880 would invalidate the perspective and favor a consolidation and a potential recovery to 1.1000. AUD/NZD Daily chart Spot rate: 1.0721 High: 1.0765 Low: 1.0715 Resistance 1: 1.0750 Resistance 2: 1.0795 Resistance 3: 1.0845 Support 1: 1.0680 Support 2: 1.0655 Support 3: 1.0610 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD bulls find it tough at the top, losing sight of 61.8% fibo FX Street 4 years The kiwi rose sharply across the board during the Asian session. Later a stronger AUD limited the slide of the pair. RBNZ decision in a few minutes likely to move NZD. The AUD/NZD pair consolidated losses and posted the lowest daily close since June, singling that more losses could be seen, if RBNZ does not surprise on the dovish side. Potential targets are seen at 1.0690 and 1.0655. The current trend is bearish and a rally to 1.0800 would be seen as corrective. A break above 1.0850 (20-day moving average) and 1.0880 would invalidate the perspective and favor… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
