Aud/Nzd

This pair has just broken the head and shoulder pattern following the news release from Australia with there interest remaining the same at 4.75% and the not so dovish sentiments that was expected yesterday. The NZD on the other hand is not expected to move much from its current position and this may warrant the pair moving forward even further. Look out for this pair for great trading opportunities.I will be waiting for a pull back to the bottom of the inverse head and shoulder pattern for a bullish move towards 1.3000 if it breaks the 2800 round number that is currently struggling with.Good luck trading out there and watch out for the Yen for another intervention which may be soon.