Feedback Form
38 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

RBA Maintains Rate at 4.25%; AUD/NZD Finds Support

posted by Avatar FXTimes 100 days ago in AUD, NZD, Technical made popular 99 days ago

The Daily Chart of the AUD/NZD shows that the market had achieved a range breakout target at 1.2835 last week. This was also the pivot and high during Sept. 2011. A min-bounce occurred, but as we can see in the daily chart, the market is respecting the previous consolidation support and the 200 day simple moving average as resistance. The RBA...
Log in to comment or register here.