The NZDUSD traded within a very narrow range Monday. Consolidating its gains from Last week. Heading into Tuesday the plan is to watch for a break of the range. the cross has been ranging in between daily price support at .7890 and the .618 fib from the may lows over the last two days. A break of either one of these points could lead to a test lower or for a break towards a retrace of Mays decline.
Res .7936 ( .618 Fib )