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AUD/NZD Short Term Outlook

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
FxWirePro  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
0
3
AUD/NZD has taken support near 1.11345 and has recovered from that level.Major support is around 1.11260. Any indicative break below would extend loss to 1.1102/1.090.
Minor support is around 1.11580.
Minor resistance is around 1.1200. On the upper side break above will target 1.1227 (23rd Oct high).
Recommendation: Buy AUD/NZD around 1.1170, SL 1.11580, Target 1.1227.
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