NZD/USD may have put in a top on Friday’s spike higher. We will be looking to sell any pullbacks to the 0.80-0.8020 region with stops above the Friday’s highs at 0.8070 and targets below 0.7925. The sell zone has the 50% and 61.8% retracement levels of the recent fall and is further reinforced by the 0.80 psychological and horizontal resistances.
Good Luck trading.
5/5 stars (1 votes)