AUDNZD have been up and down for last 2 weeks. AUDNZD had been in upward trend for the first week of Sep, and it has been downward trend for the week after despite the big scale jump observed in middle of the week.AUD has been weak against several currencies last week, such as USD, CAD or JPY. The trend and momentum indicates AUD will bounce up for this week against those currencies including NZD. The trend & momentum of AUDNZD is seen better fitted though AUD and NZD are volatile currencies.
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