Thursday, October 05, 2006

NZD/USD 0.6635
TRADING IN TIGHT RANGE




This pair is trading in tight range between 0.6657 and 0.6625 just volatile of 32 pips. Either way make the way for this pair. But RSI is pressuring the Kiwi to Northward and right now its just at mid-point level. So even the Hourly bull trendline support is holding this pair. So 0.6625 is the key for this pair. Anything below the 0.6625 level it try to test the level of 0.6565