Derived Data That Drive Results
By Andrew M Spencer — Apr 13 - 12:10 AM
+0.15%, towards the top of a 0.7443-0.7475 range with heavy flow post RBNZ
AUD/NZD also saw solid interest - trades at the top of a 1.0830-98 range
Sell the rumour buy the fact in AUD/NZD after 50pt RBNZ hike nL2N2WB03M
Charts; momentum studies conflict 21 day Bollinger bands contract
5, 10 & 21 day moving averages coil - signals suggest consolidation
0.7347 and 0.7593 21 day Bollinger bands likely define the broad range
Earlier 0.7443 low and 0.7481 NY high initial support and resistance
For more click on FXBUZ
aud 3 Apr 13 Click here
Source:
Refinitiv IFR Research/Market Commentary
