Forex: NZD/USD Technical Analysis – Support Above 0.83 Tested
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- Prices broke support at 0.8435 (Sep 19 high); exposing 0.8349 (23.6% Fib)
- A further break downward exposes 0.8228 (38.2% Fib retracement)
- Near-term resistance is at 0.8544 (October 22 high)
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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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