By FX Empire.com
The NZD/USD pair fell during the session on Monday as traders continue to sell off risk. The Kiwi will be especially sensitive to headline risks, and with so much going on around the world that are making the traders nervous it should have plenty of time to react to headlines. The 0.75 level below is the real line in the sand that has us selling aggressively. The market is drifting lower but is so choppy that this market is probably one to avoid at this point.
NZD/USD Forecast Nov. 15th, 2011, Technical Analysis
Originally posted here
