By FX Empire.com
NZD/USD rose during the Friday session as the markets sold off the Dollar in general. The Kiwi is highly sensitive to risk appetite, and as a result – rose rapidly during the very thin Friday US session. (The banks were all closed for Veteran’s Day.) Because of this, the move was exaggerated, and Monday will have to be in the books before we are willing to take it seriously. The 0.8000 level needs to be closed above in order to buy for our liking anyway.
Originally posted here
