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27 Jun 2013
AUD/NZD notching modest gains
FXstreet.com (New York) - The AUD/NZD foreign exchange rate has inched higher during overnight trading, navigating its way into positive territory in recent moments.
AUD/NZD antipodean cross eyes NZ trade data
The AUD/NZD may receive an overnight impetus in the form of economic data from in New Zealand at 22:45 GMT – this includes key trade figures and the Trade Balance (May).
AUD/NZD bearishness cannot be confirmed
Presently, the AUD/NZD cross has settled in positive territory at 1.1914, up a modest +0.10% above its opening. In these moments, the pair is nestled between its 20 and 50-day SMA – the Mataf.net analyst team points towards resistances at 1.1999, onto 1.2025, and eventually 1.2067. Should the pair wane lower, supportive means will trigger at 1.8890, ahead of 1.1863.
AUD/NZD antipodean cross eyes NZ trade data
The AUD/NZD may receive an overnight impetus in the form of economic data from in New Zealand at 22:45 GMT – this includes key trade figures and the Trade Balance (May).
AUD/NZD bearishness cannot be confirmed
Presently, the AUD/NZD cross has settled in positive territory at 1.1914, up a modest +0.10% above its opening. In these moments, the pair is nestled between its 20 and 50-day SMA – the Mataf.net analyst team points towards resistances at 1.1999, onto 1.2025, and eventually 1.2067. Should the pair wane lower, supportive means will trigger at 1.8890, ahead of 1.1863.