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NZDUSD Reacting to Support

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
jsaettele  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators NZDUSD
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trendanalysis indicator nzdusd
NZDUSD has reacted to the 20 day average and VWAP from the low. Today's low is also near a well-defined horizontal level defined by congestion from early May, the 5/19 high, and 5/25 low. The pullback from Friday's high is relatively shallow but I'm constructive as long as price is above today's high.

-Jamie Saettele
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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