I am bearish on both the currencies at the moment. I see both currencies being under pressure slightly from here.
For NZD I think offers at 0.8250 shoud be enough to hold the bulls in kiwi dollar.
For AUDUSD, I reckon its good to go short with a stop just above 1.0490. I am looking for AUDUSD to go below 1.04. Next tuesday we have RBA and it is widely expected that RBA will cut rates. I believe that will pressure AUD for now.
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