AUDNZD Technical Analysis
In this article we will be looking at the AUDNZD technical analysis. The Aussie dollar continued to be sold off as there continues to be speculation that the RBA may shave off the interest rates at their next meeting which is scheduled in February next year. Economists from Deutsche bank, Goldman and Westpac have suggested that the RBA might carry out a rate cut of 0.25 to 0.5%. Tomorrow we would see the RBA releasing its minutes from the December meeting and any hints of the rates being cut could see the Aussie dollar losing value to other currencies like the Kiwi.