Kiwi Versus Franc and Euro August 15th

FX Strategy Video > Currency Pairs Analysis

The NZD/CHF is presently rising as the world continues to shed fear and buy risk. This shows that the pair should continue to accelerate if we can break ever so slightly higher. The bounce we have seen has been fantastic so far, and it shows that confidence is coming back into the overall markets.

The EUR/NZD looks like it is set to fall from the levels it sits at presently. The pair had a good bounce, but it was counter-trend, and therefore was always going to be suspect. With the  1.75 resistance area holding, this pair looks set to continue its downtrend.

Published on 12th of August 2011
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