NZD/USD: Below 61.8% Next Support Cluster is Near 0.7485

11 November 2011 | No Comments » | bluezero

The NZD/USd is sliding with the risk-off trading that has been giving the USD and JPY a boost. In the 4H chart We can see the market consolidating around the 61.8% retracement (of the 0.7468 to 0.8241 rally). The strength of the current swing, which started on the 11/9 Asian session matches the that…

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