Forex Strategy: NZD/USD Selling Opportunity Ahead?
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- NZD/USD Technical Strategy: Flat
- A turn lower from channel support-turned-resistance as exposed support at 0.8309 (23.6% Fib)
- Closing below support exposes 0.8164 (38.2% Fib); we will wait for confirmation to enter short
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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