By ForexMansion.com

 

The NZD/USD continues its remarkable run north as the Kiwi simply is one of the strongest currencies in the world at the moment. The NZD has been struggling at the 0.80 mark though, and could be ripe for a pullback. Of course, you can’t short it – because it has been ripe for a pullback for ages now.  If we do get it, look to buy when support shows itself, perhaps at the 0.78 area.

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.