By ForexMansion.com
The NZD/USD continues its bullish move today, printed a close in the 0.76 range, which shows massive strength after a precipitous fall recently. Because of this, 0.78 certainly seems to be in the cards, and the 0.73 area has held up nicely. In fact, until we get below the 0.70 level, shorting this pair is difficult. This pair has jumped significantly, and as such could experience a pullback. But it should be just that.
Originally posted here
