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NZD/USD bulls putting up a good fight

Thursday, June 18, 2015 2:24 PM UTC

NZD/USD dives to 0.6880 & channel base overnight, area holds & long lower wick forms
Bulls are putting up a good fight and recent shorts should be on edge
0.7015/25 is resistance with a bit more near 0.7080
If cleared a test of the channel top & June 11 high might ensue
Sub-0.6865/80 opens door to July 2010 low & ultimately May 2010 low

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NZD/USD bulls putting up a good fight

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