dynamiquebd

AUDNZD -WHATS WRONG WITH THIS PICTURE

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FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUD bond yields have been declining relative to that of NZD. Price is trending downwards nicely to reflect the bond yields but price is resting towards the monthly lows that could provide a strong support. we are seeing a maxed positioning in AUD sentiments but the seasonal forecast may defy the bearish play. would consider a strong sell if price can break below monthly low

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