The NZD/USD pair had a negative session as the 0.82 level continues offer resistance. However, the gap has been filled and now we have to wonder which
The NZD/USD pair had a negative session as the 0.82 level continues offer resistance. However, the gap has been filled and now we have to wonder which direction we get to the next if we can get above the 0.82 level on a daily close, we are more than comfortable to start buying this pair as this general vicinity is a big massive support zone. Having said that, we are not ready to start selling as there’s just far too much messiness below us. In fact, this is a “buy only pair until we get below the 0.80 handle.
NZD/USD Forecast December 31, 2012, Technical Analysis
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
