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22 Apr 2015
NZD/USD upside potential intact – UOB
FXStreet (Barcelona) - The Team at UOB Group, expects a NZD/USD move higher towards 0.7740 as long as 0.7600 remains intact.
Key Quotes
“The current short-term consolidation phase appears incomplete and this pair is expected to trade sideways for a couple of days more. As long as the trailing stop-loss at 0.7600 is intact, we expect an eventual move above the recent peak at 0.7740 followed by 0.7780.”
Key Quotes
“The current short-term consolidation phase appears incomplete and this pair is expected to trade sideways for a couple of days more. As long as the trailing stop-loss at 0.7600 is intact, we expect an eventual move above the recent peak at 0.7740 followed by 0.7780.”