NZD/USD chart: confluence at 0.85 works out for buyers

FXStreet (Bali) - NZD/USD saw solid bids coming from confluent zone .85, where an ascending trendline deriving from Feb 4 low converged with horizontal support and a round number. In order to provide further clarity for USD bulls, the trendline should be first cleared, in which case, a potential target of .8440 could be seen.





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Australia CB Leading Indicator: 0.2% (January) vs previous 0.8%

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EUR/AUD approaches March lows

The EUR/AUD ended lower on Thursday hovering around 1.5250 and managed to hold above March lows.
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