NZD/USD Bearish Outside Day at Range Highs
Chart Prepared by Jamie Saettele, CMT
-Recent NZD/USD comments noted that “channel resistance is near .7050 over the next few days.” NZD/USD continues to turn down sharply at resistance. Near term channel support is roughly .6740/50. Weakness below there would shift focus to .6450.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.