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Thoughts on AUDNZD Heading into Month-End
Been watching $AUDNZD closely, currently sitting around 1.21415. The pair's been in a pretty tight range lately, and with the end of the month approaching, I'm leaning towards a sustained push above 1.2150 being a bit of a stretch. We've seen resistance around 1.21551 today, and while the daily low was 1.21308, the bounces haven't had much conviction.
My gut feeling, probably 60/40, is that we'll close out the month below the 1.2150 mark. There's just not enough impetus to break through what feels like a psychological barrier at this point. A lot could change, obviously, but that's my current read.
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