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28 Nov 2014
AUD/NZD consolidated into month end on weekly lows
FXStreet (Guatemala) - AUD/NZD is trading at 1.0851, down -0.13% on the day, having posted a daily high at 1.0874 and low at 1.0845.
AUD/NZD is confined to a tight range over holiday and thin markets and awaits second tier data up ahead which is highly unlikely to rock the apple cart either and seems we are moving into December on the 1.08 handle and at the lowest levels since July this year.
AUD/NZD noteworthy levels on 1.08 handle
With spot trading at 1.0855, we can see next resistance ahead at 1.0863 (Hourly 20 EMA), 1.0869 (Daily Classic PP) and 1.0886 (Yesterday's High).
Support below can be found at 1.0854 (Weekly Classic S2), 1.0849 (Monthly Low), 1.0849 (Weekly Low), 1.0845 (Daily Low) and 1.0826.
AUD/NZD is confined to a tight range over holiday and thin markets and awaits second tier data up ahead which is highly unlikely to rock the apple cart either and seems we are moving into December on the 1.08 handle and at the lowest levels since July this year.
AUD/NZD noteworthy levels on 1.08 handle
With spot trading at 1.0855, we can see next resistance ahead at 1.0863 (Hourly 20 EMA), 1.0869 (Daily Classic PP) and 1.0886 (Yesterday's High).
Support below can be found at 1.0854 (Weekly Classic S2), 1.0849 (Monthly Low), 1.0849 (Weekly Low), 1.0845 (Daily Low) and 1.0826.