The channel top in AUD/NZD at 1.1100 held nicely this morning and the bulls out there will be a little worried. I have the feeling that AUD/USD might have a serious test of .9200 later tonight and that should have some impact on the cross.
That said, the recent trend has been bullish in AUD/NZD so any dips to 1.1025 will attract buying interest.
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