FXStreet — The probability of a test of the area to 0,7010 has decreased, said the market analysts of the Japanese UOB Bank.
As yesterday we have already indicated, it may be too early for the bears to write off. The Rebound has room to 0,6965.
This level was held this Morning under the steps, after the new Zealand Dollar was better-than-expected jobs data a boost.
While the upward improved momentum, is decreased, the probability of a test of the area to 0,7010. However, the positive undertone for the new Zealand Dollar intact, as long as the key support at 0,6880.
** FXStreet News Editorial, FXStreet**