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NZD/USD, Daily Chart Analysis 5/15

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
1. Further bearish momentum likely to hit Key Support 0.68090 and all the way down to Currency Dip of 0.67850 level.

2. Price action is continually confirming the value of the intermediate-term Mean Resistance of 0.69850.

3. The violation of the intermediate-term Key Support and Currency Dip will undoubtedly bring serious of the short-term bearish implications, having additional downside target to Currency Dip of 0.67160

4. Current bearish/bullish bias is 80/20
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