Dollar Versus Aussie and Kiwi January 26th

FX Strategy Video > Currency Pairs Analysis

AUD/USD initially fell during the Wednesday session, but bounced once the Fed announced a low interest rate until the end of 2014. The commodity markets should continue to get a boost because of the decision, and the triangle still looks strong.

The NZD/USD got the same kind of boost, and has proven the 0.80 level to be very supportive. While there isn't a triangle like in the AUD/USD pair, it might actually be the stronger of the two pairs currently.

Published on 25th of January 2012
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