Ikon forex “NZD/USD would confront more surging up space” - Forex Forum

laura · #1 (**permalink**) 30th December 2010, 03:19

A senior forex dealer Alex Sinton in ANZ said on Thursday (December 30) that due to the forex investors chose to made some adjustment at the end of this month on their positions and their trading in the stock market, there would be much more space for the forex price of NZD/USD to go up.

It is predicted that in the next 24 hours if this forex price broke the obstacle point of 0.7660, then more demand for NZD would occur in the forex market, but the possibility of this forex price to test 0.7734 would not be quite big.
The support point of the forex price of NZD/USD would be at 0.7587 in this trading session.

And the forex price of NZD/USD was reported to be at 0.7673/79 at 07:44 Beijing time.

Edited by Laura in Ikon Group.

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