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MNI Analysis: AUDNZD Key Support Zone...>

AUSSIE-KIWI
AUSSIE-KIWI: MNI Analysis: AUDNZD Key Support Zone
- AUDNZD extends its corrective pullback off the May 8 high and looks set to
register its fifth consecutive session of losses.
- Key support zone seen at 1.0517/23 which holds the channel base, series of
previous lows & 50-dma.
- Further support is located at 1.0504 from the 100-dma & 50% retracement of Mar
- Apr rise, ahead of the psychological 1.05 level.
- Risk remains from US-China trade headlines.
https://emedia.marketnews.com/marketnewsintl/AUDNZD_Support_Zone.png

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