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AUD/NZD extending the decline away from 1.12

FXStreet (Guatemala) - AUD/NZD is trading at 1.1132, down -0.05% on the day, having posted a daily high at 1.1143 and low at 1.1129.

AUD/NZD has slipped from 1.1160 and trades with a bearish tone in an extension from last week’s highs just shy of the 1.12 handle. The interest just ahead will be coming in RBA’s statement where as the outcome of the meeting it’s self and decision is a foregone conclusion to be left unchanged. There maybe some emphasis yet again in relation to the strength of the Aussie.

AUD/NZD hourly levels

Spot is presently trading at 1.1133, and next resistance can be seen at 1.1145 (Daily Classic S1). Support below can be found at 1.1119 (Daily Classic S2), 1.1102 (Weekly Classic S1) and 1.1096 (Daily Classic S3).

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