FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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7
Friday saw price definitively close below recent lows at 0.6340, suggesting a move lower (perhaps a retest of the October lows).
And then yesterday we saw the bulls retake the level and manage a fairly strong close.

I think this battle for 0.6340 represents a nice opportunity for us, and I'm ready to back the winner.

I'm looking for a solid rejection on the 4-hour charts - either the bulls kicking off beyond 0.6340, or a collapse and retest from below.

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