AUD/NZD posts highest close in 2-weeks

FXStreet (Córdoba) - The AUD/NZD finished Tuesday hovering above 1.0800, posting the highest daily close since June 16. During the Asian session the pair gained momentum after the RBA statement, that showed a neutral bias regarding monetary policy, boosting the Aussie across the board.

During the European session extended gains and on American hours peaked at 1.0820. The area around 1.0820 is the immediate resistance, and then comes 1.0850.

The AUD/NZD had the third daily gain in a row and continued to recover ground after falling last week to 2-month lows at 1.0704. From Thursday's lows it has risen more than a hundred pips.