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31 Mar 2014

NZD/USD above 0.8650 early in Asia

FXStreet (Córdoba) - The NZD/USD found support above 0.8650 and rose to 0.8670, at the beginning of Monday. Despite ending Friday with a decline, the pair posted the highest weekly close since July 2011.

Early in Asia, price action remains limited ahead of Tokyo's opening with the NZD/USD trading above 0.8650.

Orders for the NZD/USD

According to Matt Bacon-Hall from FXBeat to the upside, buy stops lie at 0.8715 and sell orders are seen at 0.8700 - 0.8710 and below at 0.8675 - 0.8680; while to the downside light bids order are placed at 0.8640 0.8645 and buy orders at 0.8605 - 0.8610.
Mar 31, 2014

EUR/USD retreats from 1.3765

The EUR/USD opened the week trading around 1.3763, above Friday’s close but then bounced to the downside and fell below 1.3750.
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Mar 31, 2014

EUR/JPY on a clear bullish tone

Following the abrupt rebound last Friday, when the rate surged from 140.00 round number to end NY at 141.40, the EUR extended gains in early trading until 141.68 on Monday, although the advantage was neutralized soon after, with the rate back to 141.45.
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