AUD,NZD/FXWW News/Technical Analysis

NZD/USD technicals: Strong close above .8060 suggests more gains ahead

Resistance at .8060 (see chart) was supposed to be strong but it was easily broken and we are closing above there. The next level to watch in my opinion is at .8180, prior lows and a 50% retracement.

AUD/NZD has closed below 1.1500 and the next technical target there is at 1.1385.

 

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