The AUD/NZD still seems to be lost, and doesn’t have much strength in one direction or another. Both of the pairs have been strong as of late, and this chart shows that the markets simply can’t pick a favorite at the moment. For the time being, the range is so tight that even the scalpers will find trouble trading this market. Leave this pair alone for a while, at least until it makes a strong move in one direction or another.
Originally posted here
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