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28 Jan 2015
NZD/USD may see further weakness – UOB
FXStreet (Barcelona) - Analysts at UOB Group, anticipate that NZD/USD might make a move towards 0.7370.
Key Quotes
“NZD traded in a quiet manner yesterday and from here, we continue to expect further weakness towards 0.7370. This is a strong support and a break below this level could lead to acceleration lower. Trailing-stop is still at 0.7585.”
Key Quotes
“NZD traded in a quiet manner yesterday and from here, we continue to expect further weakness towards 0.7370. This is a strong support and a break below this level could lead to acceleration lower. Trailing-stop is still at 0.7585.”