NZDUSD APPROACHING SUPPORT

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NZDUSD APPROACHING SUPPORTNew Zealand Dollar / U.S. DollarFOREXCOM:NZDUSDtweshathembaThe Kiwi extends it's multi-week drop into key daily support. The objective Low day reversal close of the year (0.56455) backed by the 78.60% fib retracement off the yearly lows ((0.56215). I'll be looking for some kind of bounce off this range in the coming trading sessions for a 80 pip move back to the weekly/monthly open (0,57242). Risk is limited to (0.56147). Also note the yearly open (0.55940). Expect support to come in there if reached.