Adam posted earlier on the Kiwi/Aussie cross: When will the AUD/NZD rout end? When Wheeler gets a clue
Despite my love for country I’ve long been a proponent of the NZD over the AUD. Obviously I risk being deported should my preference for the NZD over the AUD become known to the the Australian authorities, but there you are.
And another thing, in the upcoming Australian election, I want to vote for John Key, not any of the hacks on offer here. Nothing better than having an ex-FX dealer running your country (I suppose a current one is better, but he (or she) would be too busy).
OK, so how’s the NZD looking today?
Support now close by around 0.8050/60, then again 0.8000/10.
- Buy orders are layered down from 0.8050 to 0.8000
- Orders are sparse now until sellers noted at 0.8100 and just ahead of there, with sellers of bigger size 0.8140/60.