Market Commentary and Intraday News
Australian Dollar Drops To 15-day Low Against NZ Dollar
269 days ago
(RTTNews) - After moving broadly sideways in the Asian session, the Australian dollar reached a fresh 2-week low of 1.2907 against the New Zealand dollar around 4:40 am ET Wednesday.
The aussie-kiwi pair is presently hovering at its bottom line of a symmetrical triangle formation in the daily chart and its next downside target could be around the 1.2870 level unless taking place any reversal.
For comments and feedback: contact firstname.lastname@example.org
Copyright(c) 2012 RTTNews.com. All Rights Reserved