Currencies  |  February 02, 2013 19:56:22

An increasingly popular pair NZD / SGD attacks the S / R level 1.0500


A little exotic pair NZD / SGD is returned before the border 1.0500, which has tried unsuccessfully to overcome in October 2009 and then in July 2011. Now standing under this historic and very strong resistance again, and as support for its further growth is back in a beautiful candle with a long lower shadow dramatically and, what is far more important, also support New Zealand's macroeconomic indicators, which help to strengthen the New Zealand dollar against the U.S. dollar and, which also pushes the fixed maximum.

Singapore dollar was so weak recently in June 2008 and since 2009 has long been consolidating in the range of values ??of 0.9530 to 1.0500 just attacked the border.
A special feature of this less preferred Singaporean dollar is its long-term strengthening against the Czech koruna, where since 2008 in a bull trend with strong volatility. This volatility is the Singapore dollar to own a pair NZD / SGD and is therefore well suited to short-term speculation. In conclusion, I will mention another volume growth, which is visible at the bottom of the graph, which is related with the ever increasing popularity of the Singapore dollar was mainly for Asian traders.

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Stále oblíbenější pár NZD/SGD atakuje S/R úroveň 1,0500

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