AUD gaining some traction breaking up through resistance at 0.7880 now looking to target 0.7920/30 and possibly 0.7960.
Failure to build on this upside momentum risks a pullback to 0.7860 and possibly all the way back down to good support in the 0.7820/30 region.
Finding resistance at 0.7300 a little tough going right now, but a break would see a move up to 0.7340/60.
If the NZD can’t break 0.7300 then you should see a drift down to support at 0.7240/50. After which the upside would likely come under renewed pressure again.
Analysis from charts provided by http://www.eightdragonscapital.com