AUD/USD, NZD/USD — February 13th 2012
Watch the latest analysis of the AUD/USD, NZD/USD Forex pairs for the upcoming February 13th session in this video. AUD/USD — fell on Friday session, as the ”risk off” attitude came back into the markets. However the trend is decidedly bullish.. The Aussie has been parabolic, and as a result it looks as if the pair needed a pullback. We will be buying this pair and not selling it. We will be looking for support — 1.06, 1.05 and 1.04 levels as these levels are seen as potential buy zones. And all that we need is a supportive candle at these levels. NZD/USD — We have a similar action. The pair fell hard on Friday session and with the sell off and fears coming out of Europe, a move down should continue. 0.8200 level is an area of interest for us as we could see a cluster of support here. 0.8000 level is seen as massive line in the sand(support). We will buy only as long as we are above it. We should see some supportive action going forward which we should get in the next couple of days.
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