06/01/2011 01:51 UTC NZD swings lower as it weakens against the USD, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be non-sustainable.
STOR suggesting a beginning of short/mid-term bearish swing for NZD
The following pairs may gain the most from the recent swing action:
AUD/NZD (Long)
EUR/NZD (Long)
NZD/CAD (Short)
EUR/NZD (Long)
NZD/CAD (Short)
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