Forex Update: NZDUSD corrects lower. Targets 0.6346 where 200 hour and 38.2% retracement is located
The gains from yesterdays move higher could not be maintained overnight. Perhaps it was a delayed reaction to comments from RBNZ Bollard following the interest rate decision. Today, commodities are lower which is contributing to the losses as well. The 5…
Last Updated ( Friday, 12 June 2009 23:50 )