Dollar Versus Kiwi and Yen April 13th

FX Strategy Video > Currency Pairs Analysis

NZD/USD shot straight up for the session on Thursday as the "risk on" attitude came back into the markets overall. The recent consolidation level looks as if is being broke out of, and as a result - we like this pair for longs again. A break of the top of the Thursday range would signal the next leg up.

The USD/JPY pair fell for the session on Thursday, but is approaching the all0important 80 handle. Also, there is the 50% Fibonacci retrace level, and the 200 day EMA - all supportive. We will be waiting below.

Published on 12th of April 2012
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