The AUD/NZD pair has broken below the 1.35 level, which had been very supportive. Because of this, the pair looks to fall further. The pair will try to find support at 1.34, 1.33, and 1.32 as well. The pair is still in a buy only mode as selling would be going against many support levels before a trend change would be inconsideration. A move back above 1.35 would be very bullish. Shorting isn’t realistic until we print a 1.29 handle.
Originally posted here
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