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Market Analysis: AUD/USD and NZD/USD Ready to Climb Again

Summary by fxopen.com
AUD/USD is attempting a fresh increase from the 0.6370 support. NZD/USD is also rising and could aim for a move above the 0.5945 resistance.Important Takeaways for AUD/USD and NZD/USD Analysis TodayThe Aussie Dollar found support at 0.6370 and recovered higher against the US Dollar.There was a break above a key bearish trend line with resistance at 0.6410 on the hourly chart of AUD/USD at FXOpen.NZD/USD is consolidating above the 0.5915 support.…
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fxopen.com broke the news in on Monday, May 12, 2025.
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