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FX.co ★ NZD/USD Technical Correction, July 28, 2011 (Daily Strategy)

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Forex Analysis

2011-07-28T14:20:53
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NZD/USD Technical Correction, July 28, 2011 (Daily Strategy)

NZD/USD Technical Correction, July 28, 2011 (Daily Strategy)

NZD/USD

The New Zealand dollar – United States dollar pair is on the cusp right now and there is probably a technical correction. A fall in the direction of the level of 0.8484 could provide us with a good opportunity to sell. The MACD shows a possible change of trend in the short term.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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