NZDUSD Slippery Sucker Slides Lower

 

The NZDUSD drifted lower in New York trading.  The pair is now resting below the .618 fib from the March highs at .7793.  The longer the pair remains below this level the greater the odds for a continued move lower.  Daily support now lays at .77.  A break of this level and we could see a quick test of the .75 area.  Resistance begins at .78 followed by .79.

Sup      .77

Res      .78              .79

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