Forex: NZD/USD Technical Analysis – 0.84 Figure Marks Resistance
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- Prices are turning lower after putting in a Shooting Star candlestick pattern
- A close below 0.8355 (76.4% Fib exp.) exposes 0.8326 (61.8% Fib exp.)
- Reversing above 0.8402 (100% Fib exp.) targets 0.8450 (123.6% Fib exp.)
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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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