NZDUSD: Remains Weak And Vulnerable Below 0.6896 Level

16 באוק׳ 2015

NZDUSD: With the pair seen facing downside pressure, we could see more weakness towards its broken resistance turned support located at 0.6707/37 zone. Support lies at the 0.6750 level where a break will turn attention to the 0.6700 level.

Strategy: Sell at 0.6800, Stop loss at 0.6870, Price target at 0.6750 & 0.6650