AUD/NZD still unwinding

10 May, 2017

AUD/NZD still unwinding

The RBNZ rate call could impact this pair tonight and this could produce another leg lower, with AUD/NZD eyeing the 200 day moving average around 1.0590.

GBP/USD is continuing the trend higher that has been in play for the last two months, with a break above the recent highs of 1.2980 paving the way to target the 38.2% retracement of the post-Brexit slump around 1.3165.


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