NZD/USD 400 Pips Rally

Thu, Feb 9, 2012 A buy signal arrived on the NZD/USD 4 hour chart at 0.7954. The pair traded as high as 0.8404 (+450 pips) before pulling back to current levels of around 0.8350. Next major resistance could be found at 0.8570. Short term support seen at 0.8305.