AUDNZD correctin' before higher

26 de jul. de 2016

AUDNZD now looking to correct from the breakout move that ending it's period of consolidation with 1.0550 area in view as the main support and where we would be looking at long entries for the start of a larger upmove with gains toward and above 1.3000 being eyed. The kiwi still maintains the carry advantage over AUD but we expect this to end with the RBNZ entering a more aggressive easing cycle