NZD/USD Morning Technical Report 30/1/2014

ecPulse
2014-01-30 08:07AM UTC

 

NZDUSD broke lower, settling below 0.8200 support level, and heading toward the 200-days SMA. A retest of 0.8130 major support level and Fibonacci retracement looks likely now. Ability to hold below 0.8215 is necessary to keep the bearish bias dominant.

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