The NZDUSD broke below daily price support at .7860 to touch the .382 fib at .7837 before bouncing higher.  This support area has contained the pair for over one month.  A move below this level would open the door up for a move down towards the 50 fib from the May lows at .7764.  A bounce from this are will find resistance starting at .7920 followed by .80.

Sup   .7860/37

Res   .7920

Keane Insight's:  The Trend is lower.  Waiting for a pullback to short.


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