New Zealand Dollar Technical Outlook

Published February 5th, 2008 - 07:18 GMT
Al Bawaba
Al Bawaba



The NZDUSD short term pattern is not clear.  Still, given the daily count and the bullish AUDUSD count, it is reasonable to adopt a bullish stance against the 1/30 spike low (.7751).  Potential support prior to that is .7869 (current price) and .7800.