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12 Sep 2013
AUD/NZD plummets to 1.1470/80
FXstreet.com (London) - AUD/NZD has dropped like a stone from 1.1540 to almost a full big figure to 1.1470.
RNBZ held rates with an accompany speech. The pair is still within positive territory after this knee-jerk reaction and holding at daily support set in August ranges.
AUD/NZD Levels
AUD/NZD is supported at 1.1400 the figure behind 1.1461 that meets 1.1261 ascending support line. RSI (14) is marking an over sold scenario below 30 at 25.69 while EMA’s on the hourly charts are offering bearish bias.
RNBZ held rates with an accompany speech. The pair is still within positive territory after this knee-jerk reaction and holding at daily support set in August ranges.
AUD/NZD Levels
AUD/NZD is supported at 1.1400 the figure behind 1.1461 that meets 1.1261 ascending support line. RSI (14) is marking an over sold scenario below 30 at 25.69 while EMA’s on the hourly charts are offering bearish bias.