Friday, September 21, 2012

NZD/USD intraday: further upside.


Pivot: 0.825
Our preference: Long positions above 0.825 with targets @ 0.832 & 0.8355 in extension.
Alternative scenario: Below 0.825 look for further downside with 0.82 & 0.8135 as targets.
Comment: the pair remains on the upside and is approaching its resistance.

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