Daily FX
New Zealand Dollar Short Term Bearish
Tuesday June 26, 8:03 am ET
By Jamie Saettele, Technical Currency Strategist strategist@dailyfx.com
If this is the case, then price is likely to fall from close to current price towards .7452. The measured objective for the end of wave b is .7687/.7708, which is the 127%-138.2% of .7637-.7452. Daily RSI is overbought and divergent with the recent high as well.
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