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NZD/USD bulls putting up a good fight

NZD/USD dives to 0.6880 & channel base overnight, area holds & long lower wick forms Bulls are putting up a good fight and recent shorts should be on edge 0.7015/25 is resistance with a bit more near 0.7080 If cleared a …

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  • NZD/USD dives to 0.6880 & channel base overnight, area holds & long lower wick forms

  • Bulls are putting up a good fight and recent shorts should be on edge

  • 0.7015/25 is resistance with a bit more near 0.7080

  • If cleared a test of the channel top & June 11 high might ensue

  • Sub-0.6865/80 opens door to July 2010 low & ultimately May 2010 low

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