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gpuri
Aug 5, 2014 8:53 PM

AUDNZD Bullish After Hitting 8 Year Low in Jan 2014 Long

Australian Dollar/New Zealand DollarFXCM

Description

With dairy prices plummeting, AUDNZD seems to be under bullish momentum especially after hitting over 8 year low in Jan 2014. It also finished it's 5 month long massive divergence in January. Next target price could be at the resistance level @ 1.1159 handle. After that if it breaks It might go as high as 1.16519 level by mid of 2015.
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