Tuesday, May 1, 2012

NZDUSD Analysis

The kiwi is still trading in a range among 0.81 - 0.8285. Watch for a break of this channel that couldlead to a 200 pips move. Major economic news for the NZD/USD this week will be unemployment rate and of course NFP on Friday. Each one of the news mentioned has the potential to trigger a break.

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