Direct from the desk of Dane Williams.
After taking a Sunday look at NZD/USD, Kiwi has since pushed back up to swing high resistance.
Take a quick look at the Kiwi daily below.
NZD/USD Daily:
The current daily zone in play is pretty self-explanatory thanks to the proximity of the previous swing high, but if you look to the left of the chart, you can also see that it's been respected multiple times in the past too.
This is a clean higher time frame zone that we wait to see if it holds, then would short any intraday short term support turned resistance.
Just a quick one today. Right now, my car has 15 minutes left of free parking and I need to run out to move it!
Best of probabilities to you,
Dane.
FOREX BROKR | Hive Blog
Higher time frame market analysis.