The NZDUSD broke below trend line support that has guided the pair higher over the last three weeks in New York.  Resistance is now past support at the bottom of the descending trend line near .82.  Any move up towards that level could run into sellers.  In the short-term support begins around .8125 followed by the bottom of the congestion zone around .8060.

Sup         .8125             .8060

Res         .8235

Keane Insight:  Looking for a move lower in the short term

For access to Keane Insight’s and current trade stream http://wp.me/P2pFeJ-1IT  .

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