Jul 14, 2015
AUD/NZD: Go long for target of 1.1463 - ANZ
Sam Tuck and Richard Yetsenga, FX Strategists at ANZ Research see recent events firming up support for AUD/NZD, with upcoming events looking stacked in AUD’s favour, thus the bank's strategists recommend a tactical AUD/NZD long at 1.1110, stopping below support at 1.0987, targeting the 38.2% retrace of the 2011-2015 range at 1.1463, where they will reassess.
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