AUD/NZD experienced an impressive rally since the end of March.
Tag - aud - australian dollar
A new trading week brings new opportunities…
The last pullback from the Moving Averages led to form a new local high...
Let’s consider the key events with technical setups for the upcoming days.
Check the key levels for USD/JPY and AUD/USD.
The economic calendar is almost empty but we will use this as an opportunity to consider currency pairs from a longer-term perspective.
It's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next...
AUD/CAD met resistance at the line connecting December and March highs.
What will drive the market today?
News will move the market today!
EUR/AUD rose to the 50-week MA around 1.5855 (weekly pivot) but then was rejected down.
AUD/CHF met resistance around 0.7115/20 (50- and 100-days MA).