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NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support

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AUD/NZD bears require progress

Wednesday, March 4, 2015 6:09 AM UTC

Cross is slightly softer in a tight Asian range after yesterday's 1.0400 failure
Neutral momentum studies - 5, 10 & 20 dma's move lower - modest negative
Bias is for a 1.0300 test, but progress required to sustain
Initial support/resistance are earlier 1.0355 high & yesterday's 1.0326 low

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AUD/NZD bears require progress

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