AUD/NZD Technical Analysis: Aussie trapped in tight congestion with Kiwi near 1.0725

FXStreet

The AUD/NZD is getting hamstrung in the midrange as intraday price action gets caught in the negative space between the 50-hour and 200-hour Simple Moving Averages (SMA) after a near-term bullish crossover of the intraday moving averages.

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