CitiFX Technicals exited its AUD/NZD long position at 1.0581, around cost. The position entered at 1.0579 on March 12, 2014. "Since then, there has been little follow through on the move. The set-up on AUDUSD also makes us less constructive on the AUDNZD view," Citi says as a rational behind this call. Meanwhile, Citi enters a fresh AUD/USD short position at 0.9016 with an initial target of 0.8660-0.8720 and a stop at 0.9150. Citi reasons that the AUD/USD posted a bearish key day yesterday with a good resistance around the 0.9130-0.9145, which includes the 200 day moving average. Citi adds that "it is worth ... (full story)