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AUD/NZD approaching important support levels

By   || July 10, 2011 at 22:50 GMT
|| 1 comment || Add comment

The NZD continues to show robust strength, holding close to multi-decade highs against the USD and also making gains against the AUD. Important technical support is looming at 1.2800 in the cross with further important levels at 1.2770 (chart low) and 1.2725 (61.8% 1.2070/1.3795) below there.

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One Response to “AUD/NZD approaching important support levels”

  1. dokterriza on July 11th, 2011 03:06 GMT

    i am quite surprised that nzdusd were edging higher to 8369 after NFP release. got my +129 pips closed :D

    my guess for payrolls @ friday is +21k getting close to 18k :( ( ..wish i could get nice forexlive T-shirt on the next payroll contests :)

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