Forex: NZD/USD Technical Analysis – Push Higher Losing Steam?
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- Prices broke resistance at 0.8465 (38.2% Fib), exposing 0.8549 (50% Fib)
- Negative RSI divergence warns of fading bullish momentum
- Daily close back below 0.8465 aims for 0.8360 (23.6% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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