AUDNZD

Trading Aud nzd, what is the spread some of yours are getting with this pair?

mirror ?
http://forex.tradingcharts.com/cache...af7266b72c.png

nzd very weak and aud still got some momentum, aud my favorite now
if aud do such stuff on lower rates then who knows what happens if they don't cut next time.

aud/nzd might soar big time if dollar gains some strenght later today, but only a guess. Right now it looks like there is a b!tch fight between nzd/usd.

1.0770 looks like a great place to sell. 61.8 fib, BRN right above, and a major area of previous resistance

Very probable wave count of AUDNZD set to go lower, while watching AUDUSD resume trend down.

Well, it is against some resistances on the monthly (38,2 fib line) annd the weekly (55 and 40 SMAs), but there is an obvious support on the daily (fib level + broken 200 SMA), so as long as we stay above that level I will rather look for longs.

Looks like price got rejected right under 1.0900. It's also at a 23.6 fib + 61.8 fib. Not to mention the resistance @ 1.0800

Does aud/nzd break 1.08?... Do y have any comment???

Well, in medium term, the RBA minutes brought the hope of further rate cuts and higher inflation expectations may postpone RBNZ easing, so I would be cautious about going long.

Support at 1.0743 broken....down we go.

Bout time.

Yep. It's had a good run up.

Recent data not strong enough to support rate hike in US; China trying to manage the downturn; Chinese stimulus measures boost local market, has the markings of a bubble
http://www.interest.co.nz/currencies...anage-downturn

Please search the pairs you want on the above document.
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Looks like a good level to me. Also broken trend line and dojis on H4

Darn. Set my sell limit a little too high

Any idea on trend as of now ?

I have many sell trades on hold at level 1.02xx ..
Expecting recommendation from members