AUD/NZD ends Monday above 1.0600

FXStreet (Córdoba) - The AUD/NZD rose on Monday and closed above 1.0600. After finding support at 1.0560 the pair bounced to the upside and climbed to 1.0614 reaching a 2-day high.

After falling last week the pair stabilized and now it attempting to recover ground. In the short-term is moving with an upside bias but the upside remains limited below 1.0615. On a wider perspective, the main trend still points to the downside

Early in Asia the AUD/NZD remains quiet trading around 1.0610 ahead of the release of the RBA minutes, that will be published at 00:30 GMT.