The AUD/NZD pair is currently testing the massive support area at 1.35, which has been very strong recently. At this level, you could be presented with a reasonable buying opportunity as the stop loss could be very small. Breaks below this area send the pair down to the 1.32 area, and possibly lower. A supportive action here simply reaffirms the 1.35 area is vital to this pair.
Originally posted here
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