AceTraderForex Jun 13, 2013 : DAILY NZD/USD OUTLOOK


[B]DAILY NZD/USD OUTLOOK - 0.7903

13 Jun 2013 01:55GMT[/B]

Intra-day aud-led decline suggests 1st leg of correction fm Tue’s 11-mth low at 0.7761 has ended at
0.8025 y’day n retrace. to 0.7962 (61.8% r) likely.

STRATEGY: Exit long

POSITION : Long at 0.7935

RES : 0.7973/0.8025/0.8061

SUP : 0.7865/0.7821/0.7761