The NZDUSD remains within eyesight of long term depths, but a slight reversal higher in trading today has given the Forex pair some short term positive vigor.
short term reversals
The move higher this morning may not be facing as much resistance as usual because of the lack of U.S financial institutions being involved within Forex today. Near term the NZD/USD should be monitored and treated carefully because of a lack of volume, which may be occurring due to the absence of the Americans.
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