Thursday, December 26, 2013

NZD/USD Headed Towards 0.8105/0.8077

Being that 0.8215/00 did not manage to prevent further depreciation of the New Zealand Dollar, the rate is moving lower at an accelerated pace. The closest support is at 0.8144/43, but we would rather focus on a stronger area at 0.8105/0.8077, which is created by the 2012 Q4 lows and



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