Kiwi Versus Dollar and Yen June 6th

FX Strategy Video > Currency Pairs Analysis

The NZD/USD pair has formed a second hammer in a row at the 0.81 mark. This is very supportive, and looks like we are set to run higher. The NZD/JPY looks similar, only at the 65 level. The candle isn't as perfectly shaped, but it certainly is showing us that the 56 is an important support level.

Published on 3rd of June 2011
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