The NZDUSD moved to the lowest level back October 26th this week. The low lengthy to 0.6481 in trading yesterday.
The USD started to sell off yesterday helped by weaker data from the Markit PMI. Despite belittling stocks (risk off?) the traders had enough of the NZDUSD selling and related...
The USD has continued to incline, and the AUSUSD is not immune. It is trading at the highs for the day and away from its 200 hour MA (green descent) at 0.6900 level. The neighboring goal is going on the 0.6932-36 which is house to a number of alternating levels going abet to May 14th.
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