AUD/NZD – 1.1230 breakout paves way for 1.14 retest

  • AUD/NZD is slowly approaching the 1.12 level after the less dovish than expected RBA statement
  • Next key resistance lies at 1.1230; a clear break above would then pave the way for a 1.14 test
  • I’ll be waiting for a breakout and then buy the retest of the level, aiming for 1.14 with a 1.1175 test

AUDNZD

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