NZDUSD Under pressure during Forex market
4/24/2018 5:17:47 PM
After a short-term integrative stint near 0.7123 levels, the NZDUSD pair came under new selling pressure in early Europe, now appear to test the key psychological support at 0.7107 levels.
A bullish pullback from here will see persistence at 0.7253, with an additional limit at the last fluctuate high at the 0.7403 major handle, while a bearish extension is largely unfettered until hitting December's swing highs at 0.7025, with more support from November's lows at 0.6787.
FOREX market analysis by FxErvin.