The Kiwi did fall after the last post, and it fell to a spot where it has recently found support and resistance. Again the NZD/USD found support at the 0.7680 zone. On the chart you can see where the pair has found support (shaded in blue) and resistance (shaded in red) over and over again at the 0.7680 level. It is amazing, isn’t it? The market has a memory!
The pair has repeatedly found support (blue boxes) and resistance (red boxes) at the 0.7680 zone.
