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Talking Points

  • Prices are testing resistance in the 0.8435-65 area (Sep 19 high, 38.2% Fib)
  • A break higher initially exposes 0.8550 (50% Fib)
  • Near-term support is at 0.8361 (23.6% Fib)
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dailyclassics_nzd-usd_body_nzdusd.png, Forex: NZD/USD Technical Analysis – Testing September Swing Top

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

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