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NZD/USD extends bounce off 0.8525

FXStreet (Bali) - NZD/USD rose in early Tokyo touching a session high of 0.8573, further recovering from a test of key support at 0.8525 during the last Asian session.

According to Jim Langlands, Founder at FXCharts, the break of 0.8565 (23.6% of 0.8695/0.8537), may see 0.8575 threatened, "beyond which could run up to 0.8600 (200 HMA)", the Analyst adds.

USD/JPY outlook improving - UOB Group

The Market Strategy Team at UOB Group noted the outlook for USD/JPY is improving but only a break above 102.15 will indicate further strength.
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