5-28-14NZDUSD

 

The NZD/USD broke its 38% Fib support and multiple horizontal support points. The next logical support is at the 50% retracement level and also 50% Fibonacci support at .8415-20.

Blake Morrow

Chief Currency Strategist

Disclaimer: I have been short NZD/USD for last couple weeks.

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  1. Thanks Blake, really like the new blog, very helpful.

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