The NZDUSD will be the center of attention heading into Asian trading on Thursday.  At 21:00 GMT the Reserve Bank Rate decision will be released.  The commentary following the data could add a bit of clarity regarding the strength of the economy.  The pair broke through key support yesterday at .7850 but reversed it path today and is once again above this support level.  Resistance is at .7920.

Sup         .7850

Res         .7920

 

Keane Insight:  Waiting for data release.  A move up towards .7920 could find sellers.

For access to Keane Insight’s and current trade stream http://wp.me/P2pFeJ-1IT  .

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