Friday, 28 December 2007


Both these pairs look to trade higher yet.
So have added to long NZD/USD position at 0.7700 and added to long NZD/JPY position at 88.00.
NZD/USD should have a test of 0.8000 in the weeks ahead.
NZD/JPY should have a test of 91.00 in the weeks ahead.

Will review if 0.7400 NZD/USD and 84.00 NZD/JPY are broken on the downside.

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