NZD/USD Approach Of Solid Support Offers Scalping Opportunity
Risk trends have quieted a bit following last week’s extreme volatility on the back of European sovereign credit concerns. Several European officials over the past few days have come out to talk up their country’s stability and ease concerns over mounting budget deficits. The NZD/USD has seen its losses slowed by solid support and in the current environment may create a scalping opportunity.
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