Saturday, March 23, 2013

NZDUSD Price Action: Breakout 23/03/2013

The pair Broke out of its constrained range and should target higher prices in the coming days. It should be noted that the pair had bounced from Key Support at 0.8184 which had served as a good support for this pair on many other occasions.

My Recommendation: Buy pair on failed break of new support.

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