AUD,NZD/FXWW News

AUD intraday outlook, Tuesday December 10th

  • AUD remains heavy on the crosses but bearish momentum in AUD/USD has stalled for now;
  • EUR/AUD, GBP/AUD and AUD/CHF look to have plenty of scope for further moves;
  • AUD/NZD consolidating near 1.10 but I do prefer to buy exhaustive dips in this pair;
  • AUD/JPY is trading near the upper end of its recent consolidation range and I’m also in the buy-big-dip camp here.;
  • AUD/USD is expected to trade inside a wide .9050/.9150 range with a neutral bias for now.

Leave a Reply

Your email address will not be published. Required fields are marked *