NZDUSD In A Zone

05 Jul
2012

 

 

There is not much to do or say with this pair at the moment.  throughout the week the cross has traded in a narrow trading range.  The support is .80 and resistance is at .8060.  The pair briefly broke above resistance today but could not maintain its gains.  If the NZDUSD break above resistance we could see a move higher towards .8235.  A break below range support exposes past resistance at the .618 fib level .7940.

Sup    .80                .7940

Res   .8060             .8235