Aud/nzd up by a Cent from 1.0578 Amid Usd Bull Run

  • AUD/NZD rises by a cent from 1.0578 as NZD/USD losses outpace AUD/USD
  • 1.0578 = 20-day low after cross broke below 1.06 during European am
  • Drop to 1.0578 influenced by much worse than expected Oz Capex data
  • Offers may emerge near 1.07 if AUD/NZD extends north

The material has been provided by InstaForex Company –