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Home / NZD / FxWirePro: AUD/NZD struggles at 20-DMA, further upside only on close above

FxWirePro: AUD/NZD struggles at 20-DMA, further upside only on close above

Posted by: NZD Editor in NZD May 15, 2017

AUD/NZD is seen struggling to extend gains above 20-DMA currently at 1.0772. The pair is extending recovery from 10-week lows at 1.0610. Doji formation seen on Friday’s charts suggests some indecision. The Aussie continues to gain traction despite weaker …
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