NZD/USD fell and rose in the same session on Monday. The pair looks like it is finding a bit of support in the 0.8150 area, and could perhaps find a slight bounce. The resulting doji for Monday sets up an easy trading signal: Selling a break of the low, or buying the break of the high. Either way, it appears the pair is set to move again and soon. We know this pair is in a long-term uptrend, and would prefer a long position, but with the fear that is so pervasive in the markets it is entirely possible that what moves this pair is news related, and most news is bad these days. We see 0.8000 as big support on a fall.
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