Today’s NZD Weakness Trades

[forexearlywarning]

Today in forex trading the NZD was weak driving lots of movement. The NZD/USD is ranging down on the H4 time frame and should continue to the 0.5840 support area. The NZD/JPY dropped and is at one support level, we would scale out lots or exit here. The GBP/NZD moved up strong on the H4 time frame, 2.3040 resistance area is now the likely target. The EUR/NZD moved up strong on the H4 time frame also, 1.9925 resistance area is now the likely target.

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