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26 Feb 2015
Antipodeans in a technical snapshot – Westpac
FXStreet (Barcelona) - David Coloretti of Westpac, gives the technical outlook for AUD/USD, NZD/USD and AUD/NZD.
Key Quotes
“AUD/USD: Close above 0.7865/75 confirms positive ST trend change. Next target is 0.7950, above which triggers a more sustainable uptrend.”
“NZD/USD: ST momentum has shifted to a mild positive bias, but lacks an impulsive breakout. Price is still capped below 0.7600/25.”
“AUD/NZD: Price structure has shifted to an interim uptrend, keeping pressure on our ST target at 1.0490. Above 1.0490 targets 1.06+.”
Key Quotes
“AUD/USD: Close above 0.7865/75 confirms positive ST trend change. Next target is 0.7950, above which triggers a more sustainable uptrend.”
“NZD/USD: ST momentum has shifted to a mild positive bias, but lacks an impulsive breakout. Price is still capped below 0.7600/25.”
“AUD/NZD: Price structure has shifted to an interim uptrend, keeping pressure on our ST target at 1.0490. Above 1.0490 targets 1.06+.”