17 Jun 2014
AUD/NZD maintains 1.08 handle
FXStreet (Guatemala) - AUD/NZD is trading at 1.0829, down -0.05% on the day, having posted a daily high at 1.0837 and low at 1.0827.
Despite the best performing G10 currency overnight being the NZD, with “yields still trumping fear at the moment”, noted analysts at TD Securities, AUD/NZD still holds onto its 1.08 handle. Meanwhile, AUD/NZD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index now slightly bullish. The calendar is going to be light today except for the RBA minutes coming up as key highlight for the pair.
AUD/NZD Levels
Current price is 1.0830, with resistance ahead at 1.0831 (Hourly 20 EMA), (Daily Classic S1), 1.0836 (Daily Open), 1.0837 (Daily High)and 1.0851 (Weekly Low). Next support to the downside can be found at 1.0827 (Daily Low), 1.0811 (Yesterday's Low), 1.0810 (Daily Classic S2), 1.0789 (Daily 100 SMA) and 1.0788 (Daily Classic
Despite the best performing G10 currency overnight being the NZD, with “yields still trumping fear at the moment”, noted analysts at TD Securities, AUD/NZD still holds onto its 1.08 handle. Meanwhile, AUD/NZD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index now slightly bullish. The calendar is going to be light today except for the RBA minutes coming up as key highlight for the pair.
AUD/NZD Levels
Current price is 1.0830, with resistance ahead at 1.0831 (Hourly 20 EMA), (Daily Classic S1), 1.0836 (Daily Open), 1.0837 (Daily High)and 1.0851 (Weekly Low). Next support to the downside can be found at 1.0827 (Daily Low), 1.0811 (Yesterday's Low), 1.0810 (Daily Classic S2), 1.0789 (Daily 100 SMA) and 1.0788 (Daily Classic