NZDUSD 21.11.2013 Trade Outlook

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nzdusddaily

The NZDUSD fail to break the strong resistance once again at 0.8372 area. I now have a bearish view on the kiwi dollar and would like to sell NZDUSD at 0.8320. My first target would be 0.8170 and I would let the trade run before I decide my next target. The stop loss would be a close above the high recorded on Nov 6th, 2013.