NZDUSD Technical Outlook: Bearish Bias, Rejection from 200 EMA

8 янв. 2017 г.

Nzdusd has rejected from 200 EMA on H4 time frame. This zone will be strong resistance for this pair in future. Now this pair is staying below near term resistance at 0.6970. Below this level, we can look for sell and target will be 0.6900 area as pointed on the chart.