Forex: NZD/USD Technical Analysis – Neckline Support at 0.8192
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- Prices declined as expected after showing a Shooting Star candlestick
- Breaking below0.8192 (Oct 2, 30 lows) confirms a Head & Shoulders top
- Above resistance at 0.8386 (23.6% Fib) targets 0.8435 (Sep 19 swing 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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