Today in currency trading markets the NZD was strong on all pairs in the group, driving strong movement and trade opportunities. Pairs like the NZD/CHF had substantial movements to the upside and should continue upward to the target area resistance levels specified in our trading plans. The EUR/NZD moved strong to the downside and should continue to the target support area specified in our plans. Both pairs are trending on the D1 time frames. Other pairs like the NZD/USD and GBP/NZD also had good short term movements based on the NZD strength. The currency strength indicators you see below is the Forex Heatmap®, which gives currency trading signals for 28 pairs.
NZD Currency Strength 1-3-2014