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AUD/NZD sees positive signals - 1.0490/00 pivotal

Wednesday, February 25, 2015 3:54 AM UTC

+15pts in Asia - AUD led as stops above 0.7850 were tripped
Bullish outside day yesterday contributes to Thursday's hammer reversal signal
1.0488 38.2% of 2015 fall & 20 dma resistance - close above strong positive
Momentum studies & 5dma base - 10 & 20 dma's still edge south
Implies consolidation - Asian 1.0445/1.0478 range is initial support/resistance

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AUD/NZD sees positive signals - 1.0490/00 pivotal

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