NZDUSD weakness extended overnight, breaking below the early August low and uptrend form March, currently at 0.6597/75, thus completing a small top and finally managing to follow through on the recent bearish “outside day” and the bear “wedge” that is still in place.
Beneath .6503 could see weakness extend even further with next support seen at .6466, ahead of .6450/41. It’s worth highlighting the ‘wedge measured objective’ is at .6400.
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