AUD/NZD falls below 1.0800

FXStreet (Córdoba) - The Aussie weakened across the board and pushed the AUD/NZD to the downside. The pair broke below an important short-term support level located at 1.0810 and fell quickly to 1.0788, reaching the lowest price since February 18.

After bottoming the AUD/NZD bounced to the upside rising back to 1.0800. The short-term outlook has turned bearish as the pair holds below 1.0810.

Under today’s low the next support area lies between 1.0770/80 and below here at 1.0750 and 1.0735 (February lows).