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NZDUSD - Extra Extra Read All About It Bears Dominate the Finish

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
235 1 4
Greetings Fellow Traders,

NZDUSD             had a powerful finish to it's trading session on Tuesday to close below a Daily Bearish strength trend line ....it also put it right at the key support. Expect the support to give way in the next 24 hours and us to make a run for the .62000 lows..

I'm not going to post the analysis for them, but that will also mean a rise for GBPNZD             to near 2.23000 (we need to see if it breaks past this level first) and EURNZD             to 1.73000....at which point I am going to expect a correction of bigger proportions on both of those crosses.

Good Luck and Happy Pipping!

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