Passing along some of the chatter about on the Australian and New Zealand dollars

Underlying demand for both.

  • USD strength last week & in the early part of this week saw bids step back, coming into market again
  • further equity market weakness will weigh (risk off)

Levels being highlighted:

AUD/USD
Resistance

  • 0.7250/60
  • 0.7300/10

Support

  • 0.7190/00
  • 0.7165/75
  • 0.7125

-

NZDUSD

Ressitance

  • where we are now, 0.6780/90
  • then 0.6800/10

Support

  • 0.6700/10
  • 0.6675