NZD/USD Classical Technical Report 04.02
NZD/USD: Our bearish outlook in this market is being reaffirmed with the latest pullback and we continue to project deeper setbacks over the coming days and weeks. A fresh lower top now looks to be carving by 0.8290 and only back above would delay and give reason for concern. From here, look for a break back below 0.8055 to open the next downside extension below 0.8000 over the coming sessions.
--- Written by Joel Kruger, Technical Currency Strategist
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