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AUD/NZD anchored to the downside

FXStreet (Guatemala) - AUD/NZD is trading at 1.1165, down -0.31% on the day, having posted a daily high at 1.1211 and low at 1.1142.

AUD/NZD has moved lower to close the gap but the ground is negligible in relation to the territory that has been made to the upside by the Aussie of late while the RBNZ is on a quest for a lower bird. The move has come today in the retails sales disappointment from Australia retails sales data when the AUD/USD plummeted a big figure with the numbers for August that came in at 0.1% vs 0.4% as expected.

AUD/NZD noteworthy levels

Current price is 1.1166, with resistance ahead at 1.1176 (Daily Classic S1), 1.1194, 1.1202, 1.1211 (Hourly 20 EMA) and 1.1211. Next support to the downside can be found at 1.1152 (Daily Classic S2), 1.1147 (Hourly 100 SMA), 1.1142, 1.1109 (Daily Classic S3) and 1.1096 (Daily 20 SMA).

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