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27 May 2014
NZD/USD extends bounce off 0.8525
FXStreet (Bali) - NZD/USD rose in early Tokyo touching a session high of 0.8573, further recovering from a test of key support at 0.8525 during the last Asian session.
According to Jim Langlands, Founder at FXCharts, the break of 0.8565 (23.6% of 0.8695/0.8537), may see 0.8575 threatened, "beyond which could run up to 0.8600 (200 HMA)", the Analyst adds.
According to Jim Langlands, Founder at FXCharts, the break of 0.8565 (23.6% of 0.8695/0.8537), may see 0.8575 threatened, "beyond which could run up to 0.8600 (200 HMA)", the Analyst adds.