NZD USD Declined below the range in Forex activities
9/12/2017 7:49:03 PM
After reaching NZD/USD to level of, the pair ran over some fresh offers and is now located at session lows near the 0.7244 area.
A follow over retracement below 0.7222 level might turn the pair at risk to break below the 0.7203 handle and head towards testing 0.7172 horizontal support. On the other hand, constant momentum above 0.7273-85 area now appears to boost the pair beyond the 0.7311 round figure mark back towards an important barrier near the 0.7332-45 area.
FOREX market analysis by FxErvin.