NZD/USD falls back below 0.66

  • NZD/USD posted a shooting star on the daily chart
  • Channel breakout was a fake one and daily close sub-0.66 would confirm the short-term swing high at 0.6740
  • Unlikely 0.66 will hold much longer, test of 0.6560 seems likely
  • Selling rallies the preferred strategy here; key intraday resistance seen at 0.6640

NZDUSD

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