AUDNZD: Can the RBNZ Put the Brakes on the Rally?

Much like the USDJPY, which we discussed at length earlier today, the AUDNZD has been rangebound for most of 2014. In its case, the antipodean pairing has been finding consistent support in the 1.05-1.06 area and resistance between 1.09 and 1.10. While sideways trade is hardly ideal for longer-term…

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AUDNZD: Can the RBNZ Put the Brakes on the Rally?

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