Forex: NZD/USD Technical Analysis – Resistance Now Above 0.84
To receive Ilya's analysis directly via email, please SIGN UP HERE
- Prices broke resistance at 0.8355 (76.4% Fib exp.), exposing 0.8402 (100% Fib exp.)
- A further push higher beyond that aims for 0.8450 (123.6% Fib exp.)
- Turning back below 0.8355 targets 0.8326 (61.8% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? START HERE
For live market updates, visit the Real Time News Feed
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.