Free Trial

AUDNZD continues to operate around......>

AUSSIE-KIWI
AUSSIE-KIWI: AUDNZD continues to operate around familiar levels trading a few
pips shy of 1.0800 as Europe settles down for business.
- The pairs failure to take out the low from May 25 (1.0906) reconfirmed its
significance with a sell-off on Friday reconfirming a return in focus to
1.0697-1.0774 where 55 & 100-DMAs and the 100-WMA are noted. Bears now need a
close below 1.0697 to confirm breaks and return overall focus to 2018 lows.
- Nearby FX option expiries of note at today's 10AM NY cut: N$1.0770(A$1.21bn)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.