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Forex pairs in this Article » NZD/USD
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Talking Points

  • Prices have turned downward after putting in a Bearish Engulfing candle pattern
  • Closing below 0.8225 (23.6% Fib expansion) exposes 0.8158 (38.2% Fib exp.)
  • A further push lower eyes 0.8104 (50% Fib); back above 0.8225 eyes 0.8275 (channel top)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_nzd-usd_body_Picture_10.png, Forex: NZD/USD Technical Analysis – Channel Top Marks ReversalDaily Chart - Created Using FXCM Marketscope 2.0

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