Kiwi Rally Seen As Formidable Opportunity For Fresh Short

Forex Daily Analysis 5th August 2014

Although Kiwi setbacks have recently stalled out ahead of key support at 0.8400 against the US Dollar, this level should still be tested and taken out in the days ahead.

$NZDUSD looking to carve next lower top ahead of fresh downside. Via @joelkruger

Wild Ride on the Charts

Lots of wacky price action at the moment, but plenty of good things going on.


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