Both aussie and kiwi are not my favorites for trading. Although they seem easy to analyze , however both need patience and easy nerve.
Both have rallied since the beginning of june , NZD/USD stalling at current level and possible reversal this week. I am short at current level 0.7220$ and my stop loss will be any daily close above 0.7220$...
I am also short on aussie for a reversal from 0.7560$ area, both trades are initiated by dollar reversal and commodities reversalnas well.
Dollar is turning bullish and uk election results will drive the majors to new low in june...
Going long on cable will be at 1.2540-80$ area targeting 1.2730$