New Zealand Dollar Outlook: AUD/NZD, NZD/USD, NZD/JPY Levels to Watch
The 50% Fibonacci expansion (1.1008) appears to have stifled buying pressure for the time being, with psychological resistance at the 1.10 level proving to be a significant challenge for AUD bulls.
That being said, AUD/NZD may be gearing up to extend its climb higher as it carves out a Bull Flagcontinuation pattern above the August 18 swing-low (1.0930).
