Dollar Versus Kiwi and Aussie October 3rd

FX Strategy Video > Currency Pairs Analysis

NZD/USD fell again on Friday, and is sitting just above the large 0.75 handle. This area should be massive support, but with the global markets being what they are, it isn't a foregone conclusion that the support will hold.

AUD/USD is in a similar situation. The Chinese slowing down will crush the value of the Aussie, and if it gets past the Monday lows - we feel this pair falls much farther at this point.

Published on 30th of September 2011
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