AUD,NZD/Technical Analysis

AUD/NZD: Employment data scissors move

     We’ve had an employment data scissors move in this cross with shocking New Zealand data sending the Kiwi lower and reasonable Australian data sending the Aussie higher. A quick look at the daily chart shows that there is scope for a higher retracement towards the 61.8% at 1.2810 or even the weekly trendline at 1.2900. Buying dips favoured in the short-term after the sharp move higher today.

  1. looks like a manipulated data to me. there is no way they can bring the kiwi down. so what do they do publish some manipulated data

Leave a Reply

Your email address will not be published.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