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  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.95% 🇨🇦CAD: 0.69% 🇳🇿NZD: 0.58% 🇯🇵JPY: -0.09% 🇪🇺EUR: -0.11% 🇨🇭CHF: -0.56% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/6y7ipeRMTH
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NZD/USD Technical Analysis 03.06.2013

NZD/USD Technical Analysis 03.06.2013

Ilya Spivak, Head Strategist, APAC

NZD/USD Technical Analysis- Prices are testing above resistance at 0.8322, the intersection of the 38.2% Fibonacci retracement and a formerly broken horizontal support barrier. A break above that exposes rising trend line support-turned-resistance at 0.8345 and the 50% Fib at 0.8362. Near-term support is at 0.8272, the 23.6% level.

Forex_NZDUSD_Technical_Analysis_03.06.2013_body_Picture_5.png, NZD/USD Technical Analysis 03.06.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

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