NZD/USD Technical Analysis 03.05.2013
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NZD/USD Technical Analysis- Prices continue to hover near support in the 0.8248-50 area marked by a rising trend line set from late July 2012 and the 76.4% Fibonacci expansion. A break lower targets the 100% level at 0.8196. Near-term resistance is at 0.8280, the 61.8% expansion, with a move above that eying the 50% mark at 0.8306.
Daily Chart - Created Using FXCM Marketscope 2.0
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