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Tag Archives: #audnzd

AUD/NZD holds channel base support at 1.0590, ‘death cross’ keeps scope for downside

AUD/NZD holds channel base support at 1.0590, ‘death cross’ keeps scope for downside AUD/NZD holds channel base support at 1.0590, we see weakness on break below. Recovery was rejected at session highs at 1.0627, pair is trading down 0.06% on the day. We evidence a ‘Death Cross’ (bearish 50-DMA crossover …

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Aussie trades marginally higher on robust National Australia Bank business confidence data

Aussie trades marginally higher on robust National Australia Bank business confidence data   AUD/NZD is currently trading around 1.0832 marks. Pair made intraday high at 1.0834 and low at 1.0812 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0747 mark. A sustained close above …

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