Dollar Versus Kiwi and Aussie June 5th

FX Strategy Video > Currency Pairs Analysis

NZD/USD had a relatively quiet day on Monday, which is a bit strange considering what the Euro did. The pair looks as if it is trying to consolidate for a move, and as a result we are watching this tight range closely.

The AUD/USD pair looks a bit more robust. However, this pair is highly sensitive to risk, and this has us cautious about getting too bullish at this point at there are a few resistance areas just above.

Published on 5th of June 2012
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time