Forex: NZD/USD Technical Analysis – Resistance Now Above 0.83
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- Prices broke resistance 0.8259 (38.2% Fib ret.), exposing 0.8313 (50% Fib ret.)
- A further push above that aims for 0.8367 (61.8% Fib ret.)
- Reversing below 0.8204 (channel top) targets 0.8106 (horizontal pivot)
Confirm your chart-based trade setups with the Technical Analyzer.
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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