The New Zealand Dollar remains in high demand and dips are very well supported. Yet, with the currency trading near longer-term cyclical highs, any upside from here should be very well capped.
Kiwi Rallies Still Seen Well Capped Despite Recent Demand02 May 2014 06:35 BST · Time Estimate: 0 seconds · JKonFX
Forex Daily Analysis 2nd May 2014
About Joel Kruger
I am a seasoned currency strategist and professional trader. I have worked for investment banks, fixed income research advisories and a leading foreign exchange brokerage. In 2012, I set up JKonFX.com to offer my daily insights and trading strategies.