AUD/NZD Technical Analysis for June 8, 2011

By ForexMansion.com

 

The AUD/NZD fell Tuesday, but bounced from the 1.30 support level. None-the-less, the pair looks extraordinarily weak as the bounce has been so small. A daily close below 1.30 gets us selling this pair. Until then we are cautiously bearish.

Originally posted here

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