FX News

NZD/AUD (AUD/NZD) Conversion:

The New Zealand Dollar (NZD) has traded sideways at the start of the week, sitting around the .9000. We did see a short spike to .9040 late Friday, but that evaporated in the early Monday trading session. Tensions in Taiwan waters remain of concern to Australian and NZ markets, so keeping a watchful eye on this is worthwhile. For the moment buying at .9000 worth a look.

Current Level: 0.9000
Resistance: 0.8920
Support: 0.9050
Last Weeks Range: 0.8958-0.9011

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