Today in the forex market the NZD (New Zealand Dollar) weakness was present on all pairs. This drove the GBP/NZD and EUR/NZD higher in trading today. Both of these pairs are some what choppy but trending higher on the D1 time frame. We would consider a hold on these pairs if you bought them, as we believe the trends will carry them higher. The visual alerts you see below are from The Forex Heatmap®, which provides live trading alerts for 28 currency pairs.
Forex Alerts NZD Weakness 4-28-2014