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NZD/USD bounces getting shallow, RSIs biased down

Friday, June 19, 2015 12:43 PM UTC

Bears eye confluence of key techs in the 0.6855/65 zone
New lows have been made recently and bounces have been seen
Bounces getting shallow & RSIs biased down so bear risks remain
50 Fib of 2009-11 rally, monthly cloud base & channel base off Apr high there
Break of zone encourages bears, test of 2010 low then likely

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NZD/USD bounces getting shallow, RSIs biased down

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