AUDNZD Trend & Momentum 25-Nov-2014

AUDNZD has been in downward trend with up and down momentum for last a few weeks. Now, the trend & momentum indicates longer term trend is slightly turned into upward  and shorter term momentum is going upward.

 On the other hands, RBA implied possibility  cutting the interest rate. This effect has probably been taken into account, however, upside of AUD would be limited.

Ref)
http://news.brisbanetimes.com.au/breaking-news-business/rba-says-it-can-cut-rates-if-needs-to-20141125-3l5y0.html