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Forex: NZD/USD rises to 1-month highs at 0.8395

FXstreet.com (San Francisco) - The New Zealand's dollar is trading higher against the Greenback and after rising around 30 pips the NZD/USD has broken above the 0.8385 to reach a fresh 1-month high at 0.8395 in its way to test the 0.8400 level.

Currently the NZD/USD is trading at 0.8390, 0.45% above Tuesday's opening price. The pair is slightly bullish according to the FXstreet.com Forex Studies. MACD, CCI and Momentum are bullish while the Stochastic indicator is bearish in the 1-hour timaframe.

Above the 0.8400 level, next resistances are at 0.8415 (Feb 25 máx) and 0.8440. On the down side, supports are at 0.8370 (March 25 high), 0.8335 (March 25 low) and 0.8300.

Session recap: EUR/USD trades in range while USD declines against AUD and CAD

The US Dollar was trading lower on the day except, obviously, against the Euro. The Cypriot crisis has capped any euro progress attempt and the EUR/USD traded in range between 1.2840 and 1.2880 in the while Tuesday session. But against commodity currencies such as the Aussie and the the Loonie.
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Forex: EUR/USD remains above 1.2850; Bears keep the tone

Despite the Greenback was trading lower against its majors competitors, the EUR/USD remained moving sideways as the Euro doesn't have enough punch on the back of the Cypriot crisis and the Dijsselbloem statements on templates, Cyprus, savings and other reflexions.
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