NZDUSD IS STABILIZED AT CURRENT CENTRAL BAND/CENTRAL PARITY AT 0.7320 FOR 2.25 % (0.7160-0.7480) AS PERMITTED BY INTER-CENTRAL BANKS COMMUNICATION POLICY. THE CURRENT DIRECTIONAL MOVEMENT IS FROM LOWER MEDIUM TERM BAND 0.6850 TO UPPER MEDIUM TERM BAND 0.7950 FOR 1100 PIPS MEDIUM TERM EXCHANGE RATE TARGET ZONE. THE STABILIZATION AT CENTRAL BAND/CENTRAL PARITY SEEMS TO FINISH AND MAY RESUME TO CONTINUE TO MOVE TO UPWARD, AND AT SUCH, THE FOLLOWING TRADE SEEMS TO BE FEASIBLE:
LONG AT 0.7160/0.7250
STOP LOSS AT 0.7000
TARGET 0.7950
OPTIONAL TARGET:
TARGET 1. 0.7525
TARGET 2. 0.7750
TARGET 3. 0.7950
HIGH FREQUENCY LONG TRADE ALSO FEASIBLE BY MANAGING THE STOP LOSS CONSISTENTLY AT 0.7000 TO TARGET DAILY HIGH, WEEKLY HIGH, MONTHLY HIGH OR QUARTERLY HIGH THAT COULD BE ACCESSIBLE BY USING TECHNICAL CHARTS.