AUD/NZD – Keep an eye on that 1.03 level

AUD/NZD is slowly moving back towards the 1.03 support level
While we already had two brief breakouts below, the level is still considered pivotal support
There were rumors of RBNZ activity around that level earlier this month, though some say even if they were active, the size of intervention is too small to be significant
Anyway, it is worth keeping an eye on that 1.03 level
If we see a clear break below & daily close sub-1.0280 (early March low), there is not much in the way for a 1.00 test