交易新闻
10 May 2013
Forex Flash: NZD/USD should stay heavy today
FXstreet.com (Barcelona) - Extreme speculative long positioning in the Kiwi are at risk of some near-term correction as these positions are ditched, says Mike Jones, currency strategist at Bank of New Zealand.
Mr. Jones adds: "While the lower NZD/USD is likely to draw out some exporter buying today, we suspect this will be offset by selling from momentum and leveraged players. As a result, the NZD/USD should stay heavy today."
"Bounces should be limited to 0.8425, with 0.8360 the key near-term support level to watch. A convincing break below here would pave the way for a move back onto an 0.8200 handle" he concludes.
Mr. Jones adds: "While the lower NZD/USD is likely to draw out some exporter buying today, we suspect this will be offset by selling from momentum and leveraged players. As a result, the NZD/USD should stay heavy today."
"Bounces should be limited to 0.8425, with 0.8360 the key near-term support level to watch. A convincing break below here would pave the way for a move back onto an 0.8200 handle" he concludes.