NZDUSD Breaks Trend Line Support
2012
The NZDUSD managed to break below the descending trend line that has capped price action in early trading Monday. Once again the pair failed to produce much follow thru. In the short-term it would take a break of the of daily price support at .8230 to spark a move lower. The next major level of resistance is not until .83. The pair still has support layered between .83 and .8350.
Sup .8230 .8150
Res .83/.8350
Keane Plan... The TL hasn't produced much of a follow thru...Watching the larger range.
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