AUD,NZD

AUD/USD trading quietly near session lows

The fact that short-term trend-line resistance at .9750 held so impressively will be encouraging for the bears but they should also not forget that there is major technical support at .9600 which was tested yesterday. We are right in the middle of this range at the moment and its pretty hard to have any sort of bias.

  1. Good day, Sean! Not very good AUD remain below 0.96, especially to close the weekly candle. In this case, the purpose of the Australian dollar can become 0.85 in the medium term.

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