Â
NZD/USD formed a hammer that bounced off of the 0.78 level. However, this market has moved so fast that a pullback is desperately needed to collect new buyers. If you would like to get involved, look for a pullback to 0.78, 0.75, or even 0.73 as they are all strong support areas.
Originally posted here
Read more about forex technical analysis, forex fundamental analysis and forex news on ForexMansion.com
About ForexMansion.com:
www.ForexMansion.com is a part of the Finance Mansion Network which operates global financial websites. Our goal is to provide our readers with the most accurate, quality and up-to-date technical analysis, fundamental analysis and news in order to assist them in making the right financial decisions.
The Finance Mansion Network includes www.FinanceMansion.com,www.ForexMansion.com, www.StocksMansion.com, www.CommoditiesMansion and many more.