AUDNZD Pressing Key 1.0640 Support, Breakdown Could Expose 2014 Lows Next

The AUDNZD has frustrated both bullish and bearish traders this year. After dropping nearly 2,000 pips peak-to-trough last year, the pair has been locked in a lackluster range between 1.0500 and 1.1000 thus far this year. Rates showed signs of breaking out above 1.1000 in early June, but the RBNZ’s…

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AUDNZD Pressing Key 1.0640 Support, Breakdown Could Expose 2014 Lows Next