Thursday, October 30, 2014

Technical Update - Important NZD Pairs

The pair continues to move in a trading range, depicted by reversal from a strong resistance area near 1.6240-60 region. However, the pair now seems to have found some intermediate support near 1.6100-1.6080 horizontal zone. Any downside from this immediate support level seems limited by 200-day SMA important support, currently



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