NZD/USD, interesting view on the Weekly chart!
Kiwi is trying to recover from the huge loss vs US dollar, but last week failed to brake a very strong weekly resistance at 0.7700, the previous strong support from June/July 2013. and from November/December 2014., January 2015. as well. It will be interesting to see, could Kiwi attack again if this previous daily support at 0.7430/50 hold on the way down this week. This will be a very important level to brake if Kiwi want’s higher levels.
Forex Trader 