NZD/USD analysis of the week (4h candlesticks)

By ForexTribe
09 March 2010 @ 06:54 pm EDT

The parity continue its bullish movement, 0.6957 played its role of support and a pullback has been made on the upper band of the former bearish channel. We maintain to trade only long positions as far as 0.6980 is support. The break out of 0.7050 will give a new buy signal.



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