New Zealand Dollar May Post Modest Correction

  • Support: 0.7634
  • Resistance: 0.7600
  • NZDUSD has consolidated within range 0.7550 - 0.7673, but the retracement from the strong support (as well as one-month low) of 0.7550 may prove to be nothing more than a dead cat bounce.

[I]NZDUSD (Daily Chart)

See Daily Technicals for more detail.