New Zealand dollar remained in a tight range as Kiwi bulls continued to establish a flag pattern on the daily charts, with a break out most likely aiming for the offers around the .6900 figure. As the price action remains quiet, a move to the downside will most likely see the pair find supporting bids around the .6675 mark. Indicators favor a short-term move to the upside with ADX continuing to decline at 36.83 with vitality remaining high.
New Zealand Dollar Test Bids Below .6700
Tue Jul 19 08:42:00 GMT 2005