Resistance - 1.53800 - 1.54000 Target 1 - 1.5200 - 1.51700 Target 2 - 1.5070 - 150871 Support : 1.52641
NZDUSD retraced to Fib 23.6 and reversed down to broke the Rising Wedge pattern, the downtrend is set to resume with the target of around 0.7362 - 0.7397 once it broken the 0.77022 horizontal support in the coming days.
S&P 500 is currently testing the previous Trend Line Support turned Trend Line Resistance, it's now becomes the middle ground battle between the Buyers versus the Seller. It would be interesting to see the market push higher to trigger sellers stop losses or the market push lower to resume the downtrend to trap new bulls. Since this is coming to the end of the...