Forex Trading: NZDUSD breaks resistance on the dollar weakness

Forex Trading: NZDUSD breaks resistance on the dollar weakness

Published by InformedTrades
07-02-2008

Forex Trading: NZDUSD breaks resistance on the dollar weakness

Forex Trading: NZDUSD breaks resistance on the dollar weakness

The NZDUSD broke through the key resistance against the 0.7589 to 0.7594 area where the 100 and 200 hour MA and the 50% retracement level all preside. This will now be support for the pair as it wonders how policy might go in that ...

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