dgreenan24

dgreenan24

Pure respect for the .786 level on the last 6 day uptrend on the daily. I am short for the near-term on a pullback correct to modest .382 level around .8585. Quick play, but could see a continued uptrend after a small pullback.

dgreenan24

I see a small retracement to short term resistance @ .8520, however I can see it's way to the .382 retracement quickly after that. If that resistance is broken as well, then .50 level is expected. However the strength projected for USD in the coming week, brings more confidence in a bearish trend continuing. Full Bearish analysis for NZD/USD atm. Best of luck. Let...