NZDUSD - Possible Double Top
Thu Sep 14 08:20:00 GMT 2006
Kiwi has rallied to test the 9/4 high at .6580 (possible double depending on where Kiwi closes). There is of course the chance to play a breakout but RSI on the 240 minute chart is already above 70 and exhibits bearish divergence at current price. A daily close above .6580 exposes the 7/8 low / 3/2 high at .6683/85.