No idea with fundamentals of AUD with regards to NZD near term.
In Monthly chart I spotted an interesting range break down setup in AUDNZD.
It seemes at current level to bit lower a move towards 1.07xx area will unlock further lows to create a new low near future soon.
Seemes NZD will get a boost with regard to AUD.
We have 2 setups forming a small...
Trump approved sanctions on Iran. Post approval USDCHF chart showed quite important significance on Dollar vs CHF.
However there is a bullish neediness towards breaking of resistance but near by remains resistive at large may be due risk off sentiment markets driving CHF JPY added pressures on USD counterparts (not UJ) .
FED expects to cut rates soon
I'm expecting a positive AUD Retail Sales Figure!. 2hrs and 50 mins to news from press time!
One of my previous analysis suggest me we are at a resistance level!
Looking TP at the last support level! or trail at breakeven!
Trade Safe!! and Good Luck!