NZDUSD Shallow Range

02 Jul
2012
by in Uncategorized

The NZDUSD played in a very shallow range today.  The cross moved around in about a 50 pip range.  The Analysis is simple.  resistance is at .8060 and support is at .80.  The AUD rate decision could push the pair out of its range.  If not we could see range bound trading until after the Fourth of July.

Sup     .80

Res     .8060