New Zealand Dollar Resistance at 7320
Prepared by Jamie Saettele
The NZDUSD sliced through its corrective channel and 100% extension at 7193 yesterday before rebounding overnight. I do maintain that the larger trend is down but a sharp correction could reach as high as 7322 (former support). Price ideally remains below its latest pivot of 7455. A longer term (although who knows in these markets) objective is at 6800.
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