Originally posted on stofs.com
NZD/USD is finding support at the 38.2% retracement of the December-February rally although another consolidation suggests we may be lining up for a break lower towards 0.7100.
EUR/GBP is moving lower with support likely to be found at the 50% retracement of the post-Brexit referendum rally around 0.8400, followed by 0.8200.
note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.