Monday, July 28, 2014

AUDNZD Looks Good In The Short-Term, But Not In The Long-Term

AUDNZD is approaching a key resistance zone around 1.1015/40, a break of which may see the pair make a run for the top of its long-term trading channel. Widespread New Zealand dollar weakness has been the driving force behind AUDNZD's strength, while a stubbornly strong Australian dollar has protected the



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