Having A Look At Australian Dollar And New Zealand Dollar Against USD - (AUD/USD) & (NZD/USD) - 27/05/2022| Jason Sen (DayTradeIdeas)

We May Say That RBA's 50bp Move Is Highly Expected

AUDUSD finally tests very strong resistance at 7135/55. Shorts need stops above 7175.

First support at 7060/50 for some profit taking on shorts before the weekend with better support at 7020/10. Longs need stops below 7000.

NZD/USD - New Zealand Dollar To US Dollar

NZDUSD shorts at strong resistance at 6505/25 need stops above 6545. A weekly close above here is a buy signal for the start of next week.

Shorts at strong resistance at 6505/25 target 6475 & 6450/40, perhaps as far as 6410/00.

1 NZD | NZD/USD | New Zealand Dollar | Forex

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We May Say That RBA's 50bp Move Is Highly Expected

Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk