NZD/USD Technical Analysis– Prices are consolidating above support at 0.8192. 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 0.8363.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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