NZD/AUD Transfer

ByDragana My Engine Lab

The New Zealand Dollar (NZD) continues to gain on the Australian Dollar (AUD) for the third straight week from 0.8950 (1.1175) to trade at 0.9125 (1.0960) this morning. A break past 0.9100 (1.1000) the highest weekly close in 2025 cemented further upside moves for the kiwi, if sustained we could see further action to retest the 0.9140 (1.0940) area. Data this week comes in the form of NZ GDP 4th quarter before Aussie employment Thursday morning.

Current Level: 0.9118
Resistance: 0.9150
Support: 0.9090
Last Weeks Range: 0.9051 – 0.9095

 

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