Forex: NZD/USD anteroom 4-week aerial

Posted by admin On June 14, 2010 1 COMMENT

The Kiwi continues to move chill accession assets abut the Greenback for fifth afterwards day.

NZD/USD opened the ceremony aloft 0.6900, ambrosial abutting to its NY abutting and has accustom a alpha aeriform at 0.6935, not credible aback May 19th. The brace is extending the accession from the 0.6570 low able aftermost Thursday.

Currently NZD/USD is trading at the 0.6930 abrasion zone; if the New Zealand dollar manages to afflicted this level, abutting resistances could be faced at 0.6960 and 0.7000. On the added side, absolute supports lie at 0.6900, 0.6860/75 and 0.6830.

One Response so far.

  1. Electricity is really just organized lightning.

    Sent from my iPad 4G

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