Forex Currency: NZD/AUD rises higher at 1.161 09 Mar 2010
Issue:ikonfx | Date: 2010年3月9日After opening at 1.2963, the price of Forex Currency is heading to test higher levels at 1.161, thus moving away from intra-day low today at 1.2960. At the moment the pair seems to have stalled out as it approaches 1.161-1.165 resistance area. The aussie just rose about 100 pips to the upper-side against its neighbour currency after encouraging news released from the National Australia Bank on business confidence. The indicator looks at factors such as trading, profitability and employment conditions to determine short term economic conditions in Australia. The reading shows a 5 points rise. The current business confidence towards Forex Currency stays at 8 as opposed to 3 points from last report. For more forex, please go to Forex Currency. By Mia [Why trade with IBFX? ] [Advantages join with IBFX] [IBFX MT4 Software Platform] [IBFX Review]
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