Dollar Versus Aussie and Kiwi November 24th

FX Strategy Video > Currency Pairs Analysis

AUD/USD fell hard during the Wednesday session as traders continue to sell off “risky” assets around the world. The parity level is well above our current level, and should be the line in which we need to cross to get bullish again. Selling rallies should continue to be the way to go.

NZD/USD smashed through whatever was left of support in the neighborhood of 0.75 on Wednesday as the risk off trade continues to take hold of the markets. We like selling rallies in this pair as well now.

Published on 23rd of November 2011
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