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FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

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FxWirePro- Major Pair levels and bias summary

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

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USD/BRL drifts to 11-yr high by 2.9420

Monday, February 23, 2015 2:15 PM UTC

Source: Thomson Reuters

USD/BRL eyes 11-year high by 2.9420, weak local data US rate outlook lifts USD
Mid-month inflation, C/A & FDI data due Tues, all likely weaker than previous
USD/BRL resistance at 2.9420 Sep '04 high, 3.00 big figure, 3.0750 Aug '04/ 61.8% Fib
Support at 2.8593 daily Tenkan line, 2.8148 Feb 13 low

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USD/BRL drifts to 11-yr high by 2.9420

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