By ForexMansion.com
The AUD/NZD pair has been a one-way ride north for a long time now. Because of this, it is no surprise that it needs to rest at these lofty levels. Once it broke out above the 1.35 level, there was no doubt to which direction it prefers. Because of this, the pair should be bought on dips, and not sold at all. In order to even think about a bearish case – wait until we break down to 1.33 or so.
