AUD,NZD/FXWW News/Technical Analysis

AUD/NZD back below 1.1400 after better-than-expected NZ retail sales data

The economy over the ditch is doing alright it seems, with people having some spare cash probably thanks to the property boom. AUD/NZD is back below 1.1400 and there isn’t much in the way of decent short-term technical support until 1.1330/40 (see chart).

Leave a Reply

Your email address will not be published.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