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Thomson Reuters
Apr 16 - 11:00 PM
AUD/NZD - =Breaks Above 200-Day MA First Time In 5 Months
First appeared on eFXplus on Apr 16 - 08:00 PM
  • AUD/NZD soared over 1% to 1.0725 following the very soft Q1 NZ CPI data
  • The cross broke above the 200-day MA 1.0683) for first time since Nov 6
  • Key fibo resistance is at the 61.8 of the 1.1175/1.0110 move at 1.0768
  • AUD/NZD has retraced slightly and is hovering around the 200-day MA (1.0683)
  • Support at former trend high at 1.0672 and former hourly resistance @ 1.0625

aud/nzd Click here

Source:
Thomson Reuters IFR Markets

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