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29 Jun 2015
NZD/USD pressuring 0.68 support – ANZ
FXStreet (Barcelona) - The Technical Strategy Team at ANZ, sees downside potential towards 0.66 for NZD/USD if the pair breaks below the 0.68 support.
Key Quotes
“NZD technical indications remain weak, as NZD/USD threatens to break the 0.68 support, opening the way for a move to 0.66.”
“Topside resistance is now imposing, starting at 0.6940, is thick until 0.7020, then 0.7080, before peaking at 0.7180- 0.7230.”
Key Quotes
“NZD technical indications remain weak, as NZD/USD threatens to break the 0.68 support, opening the way for a move to 0.66.”
“Topside resistance is now imposing, starting at 0.6940, is thick until 0.7020, then 0.7080, before peaking at 0.7180- 0.7230.”