NZD/USD Morning Technical Report 17/1/2014
ecPulse
2014-01-17 09:01AM UTC
NZDUSD resumed the bearish bias after an upside pullback yesterday, where the recent bearish rejection from 0.8415 resistance hinted we may see a new leg lower. Accordingly, stability below 0.8330 now confirms further downside in the near term.
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