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NZD/USD Technical Analysis for the Week of August 8, 2011

posted by Avatar FXEmpire 1088 days ago in USD, NZD, Technical made popular 1088 days ago

NZD/USD fell hard this past week, and even managed to break through the 0.85 support line. The pair suddenly doesn’t look as strong as it has, but the real battleground will be at the 0.85 level as we have bounced back towards it. The pair so far is still in an uptrend, but if the 0.85 level holds as resistance – this pair goes down. If we can get
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