Hey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Fundamentally with current inflation issues in Australia AUD is looking attractive for investors as RBA is heading towards further rate hikes.
Trade safe, Joe.