AUD/NZD Signal - NZD Electronic Card Sales - 8 Nov 2021

AUDNZD is trending to the downside currently prior to the NZD Electronic Card Sales data, which measures purchases made in New Zealand on debit, credit and store cards. Technically the pair formed a bearish flag and has broken the flag support. The RSI is also bearish, and we are looking for continued downside on the pacific forex cross.

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