Dollar Versus Aussie and Kiwi February 14th

FX Strategy Video > Currency Pairs Analysis

AUD/USD rose initially on Monday but the rally ran out of steam by the time the Americans came online. The pair looks as if the 1.08 level is going to be a massive area to overcome, and the shooting star gives the idea of a pullback some real weight at this point.

NZD/USD had a similar day, but out of the two looks the stronger. While the Aussie looks sets for a real fall, the Kiwi looks like it may try to put up a fight. However, lower prices are probably ahead.

Published on 13th of February 2012
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