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Jan 07 - 05:00 PM
AUD/JPY, AUD/NZD: Trends & Key Levels - ING
First appeared on eFXplus on Jan 07 - 03:20 PM

ING outlines the key trends and levels for AUD/JPY, and AUD/NZD. 

AUD/JPY

"Long-term trend: Down. Lower top in downtrend weekly chart around 76.50

Short-term trend: Neutral. Arriving at crucial support around 74.85"

AUD/NZD

"Long-term trend: Neutral. Higher prices are possible, but upward bias violated below 1.0665

Short-term trend: Down. New lows are confirming downtrend, waiting for a test of 1.0295"

Source:
ING Research/Market Commentary

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