NZD/USD Selloff Stalls Above 0.84 Mark

The New Zealand Dollar is digesting losses against its US counterpart after breaking uptrend support set from late August 2013. Near-term support is at 0.8433, the 14.6%Fibonacci expansion. Breaking below this barrier on a daily closing basis exposes the 0.8396-0.8401 area marked by the June 4 low…

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NZD/USD Selloff Stalls Above 0.84 Mark