Wednesday, October 7, 2015

NZD/USD: bullish from here - UOB

FXStreet (Guatemala) - Analysts at UOB Group explained that the technical picture for NZD/USD is bullish.

Key Quotes:

"Expect a move to 0.6560 in the coming days. The shift to a bullish stance yesterday was timely as NZD moved rapidly higher to touch a high of 0.6532 (0.6510 target easily met)."

"The outlook is still bullish and we expect a move to 0.6560 in the coming days. Stop-loss has been moved higher to 0.6405 from 0.6385."
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