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NZD/USD squeeze risk upped, daily RSI turn up

Wednesday, June 24, 2015 1:02 PM UTC

NZD/USD sets new low Wed as bear channel base pierced & July 2010 low neared
Today sees upside follow through & daily RSI turn up, squeeze risk upped
Long-Term trend remains bearish
Offers in 0.6900/40 zone, above Jun 19 high & 10-DMA stops likely
Bear channel top likely if run test of 0.7010/25 zone

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NZD/USD squeeze risk upped, daily RSI turn up

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