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Forex: NZD/USD Technical Analysis – Support Now Above 0.82

Ilya Spivak


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Talking Points


  • Prices are testing above resistance at 0.8278 (23.6% Fib exp.)
  • A break higher on a daily closing basis exposes 0.8329 (38.2% Fib exp.)
  • Near-term support is at 0.8207 (rising channel bottom)


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dailyclassics_nzd-usd_body_Picture_11.png, Forex: NZD/USD Technical Analysis – Support Now Above 0.82

Daily Chart - Created Using FXCM Marketscope 2.0




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


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