English
Français
Deutsch
Español
日本語
ελληνικά
العربية
中文
Dansk
Additional resistance is at the 61.8% fibo at
.6526. A top may be in place at .6580 as both CCI and RSI are declining
from their extreme levels (100 and 70). If this is the case, then Kiwi may
reverse recent strength at one of the aforementioned fibo levels and head
lower. Hourly RSI is near 70 (65 right now), which supports this
idea. A push above .6580 negates the bias.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.
