AUD/NZD spikes lower after RBNZ’s 50bps rate hike. The development also came with the background that RBA disappointed the markets with a 25bps hike yesterday. Technically, a short term top was in place at 1.1489 after AUD/NZD hit medium term channel resistance. But it’s still early to call for a medium term correction. As long […]
The post AUD/NZD topped but not reversing yet appeared first on Action Forex.
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