Forex: NZD/USD Technical Analysis – Resistance Above 0.83 Tested
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- Prices are testing resistance at 0.8332 (38.2% Fib exp.)
- A close above that initially exposes 0.8369 (50% Fib exp.)
- Below 0.8286 (23.6% Fib exp.) targets 0.8240 (horizontal pivot)
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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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