Free Trial

Having breached the long-term 50%.......>

AUSSIE-KIWI
AUSSIE-KIWI: Having breached the long-term 50% retracement of NZ$1.0021-1.1430
yesterday, AUDNZD extended its decline through Asia to NZ$1.0674, its lowest
levels since mid-June. The Jun 19 low & 76.4% retracement of 2018 range provide
the next support area at NZ$1.0659/50, below here opens the potential of a run
toward the Apr 12 ytd low at NZ$1.0488. AUDNZD last NZ$1.0689.  

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.