NZD/USD Technical Analysis 03.12.2013

NZD/USD Technical Analysis– Prices are consolidating above support at 0.8192. A break downward aims for the November 16 low at 0.8052. Initial resistance is at 0.8322, with a push above that exposing Rising Wedge bottom support-turned-resistance at 0.8359.

Forex_NZDUSD_Technical_Analysis_03.12.2013_body_Picture_5.png, NZD/USD Technical Analysis 03.12.2013
Forex_NZDUSD_Technical_Analysis_03.12.2013_body_Picture_5.png, NZD/USD Technical Analysis 03.12.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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