Forex (SPOT)Premium

AUDNZD: Weekly Outlook & Intraday Setup

The Australian and New Zealand dollars nudged higher on Friday as markets priced in early rate cuts in the United States and Europe, but little in the way of policy easing at home.

The Aussie edged up to $0.6612 AUDUSD, after touching a four-month high of $0.6676 earlier in the week. The currency gained more than 4% over November and has support at the 200-day moving average of $0.6580.

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