- Our previous call (http://www.fxwirepro.com/fxwire/popup.htm?id=744763 ) has achieved both targets
- Bid tone persists in NZD/USD, sellers largely absent, there is scope for further gains
- The pair has bounced-off channel support at 0.6680 on Friday’s trade, post Fed lossed now dissipated
- RSI strong at 61 and has room to run, Stochs are also biased higher but in oversold territory, so caution advised
Recommendation: Book partial profits and hold for further gains. Raise stops loss to 0.6755, TP: 0.6825/30
The material has been provided by InstaForex Company – www.instaforex.com