ANALYSIS
NQ100 Finds Support from PPIApr 14
AUDNZD Testing Minor Trend
The currency pair, which continues its movement within the horizontal band, revived the desire to recover after the positivity of the economic data from Australia. If the parity, which tests the minor downtrend, can be sustained above the 1.0750 level, the progress towards the upper band of the horizontal channel, which marks the 1.0805 resistance, can continue. However, if 1.0750 resistance is not exceeded, 1.0715 support will be in our follow-up in the exchange rate, which will be open to profit sales.
