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12 Mar 2015
NZD/USD putting its flag in the 0.7300 handle
FXStreet (Guatemala) - NZD/USD is currently trading at 0.7302 with a high of 0.7323 and a low of 0.7272.
NZD/USD has made a valiant effort with its flag through the figure and reached up to the highs in a recent run. The catalyst was the market's exchanging over the RBNZ decision to remain with a steady hand and play out the natural flow of the economy, along with RBNZ Governor Wheeler saying that he is pleased with the current level of NZD/USD.
Technically, we are at late Feb lows targeting 0.7380 ahead of 0.7420 on the upside while to the downside, we are some way to go until the 2nd Feb lows at 0.7176 with 0.71 the figure there after - a three and quarter year low.
NZD/USD has made a valiant effort with its flag through the figure and reached up to the highs in a recent run. The catalyst was the market's exchanging over the RBNZ decision to remain with a steady hand and play out the natural flow of the economy, along with RBNZ Governor Wheeler saying that he is pleased with the current level of NZD/USD.
Technically, we are at late Feb lows targeting 0.7380 ahead of 0.7420 on the upside while to the downside, we are some way to go until the 2nd Feb lows at 0.7176 with 0.71 the figure there after - a three and quarter year low.