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