Feb 14, 2013
Forex: NZD/USD breaks up pennant pattern; 0.8480-0.85 feasible?
The resilient New Zealand economy continues to give joy for long players on the Kiwi, and after the pair consolidated within a tight pennant pattern, the January s/a adj PMI in New Zealand, up at 55.2 from an upward revised 50.4 in December, has finally acted as the catalyst sending the pair surging just above 0.8450 from 0.8407.
Baca lagi
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