AUD,NZD/FXWW News/Technical Analysis

NZD/USD: Settling above previous hourly highs

Selling the NZD/USD was obviously not a good idea and the break above previous hourly highs at .8320 now opens the way for further gains, although there is still a daily high at .8335 to be taken out before the bulls can rest easier.

  1. I am no expert but i think NZDUSD is overbought. Sold NZDUSD @.8350. i have another sell stop at @.84. will keep an eye on market. The market will tell me whether i was right or wrong.

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