Most Likely Direction: UP
Reason: Upwards Breaking of the range; Stronger AUD overall in the past few days; Average to weaker NZD in the past few days.
Alternative Direction: DOWN
Reason: Facing major resistance now @ 1.0660.
Should this resistance break, further upward movement is expected.
Reason: Upwards Breaking of the range; Stronger AUD overall in the past few days; Average to weaker NZD in the past few days.
Alternative Direction: DOWN
Reason: Facing major resistance now @ 1.0660.
Should this resistance break, further upward movement is expected.