NZD/USD Technical Analysis 03.19.2013

DailyFX

NZD/USD Technical Analysis– Prices are testing support in the 0.8155-92 area. A break downward aims for the November 16 low at 0.8052. Initial resistance is at 0.8322, with a push above that exposing Rising Wedge bottom support-turned-resistance at 0.8375.

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Forex_NZDUSD_Technical_Analysis_03.19.2013_body_Picture_5.png, NZD/USD Technical Analysis 03.19.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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