NZD/USD: analysis and forecast on 06.03.2015

March 6, 2015

Yesterday was quite hard for the NZD/USD as the NZ dollar was under pressure since the start of the Asian session till the evening.  So, the pair dropped to a level of 0.7465 from local highs at about 0.7600 The NZD/USD started recovering before the closure of trades yesterday and stopped near a resistance level of 0.7495. Today, the pair has fallen to the nearest support level again.

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