By ForexMansion.com
The AUD/NZD printed a weekly hammer last week, and has gone sideways this week. Because of this, it looks like traders are trying to build up for a move northward in this pair, and should gain the upper hand unless we break the bottom of last week’s hammer. (1.3450 or so) A break below that however, will find several support areas. The bulls are certainly targeting 1.40 for the longer term.
