$NZDUSD – caution

The cross has continued upwards nicely and is testing the .786 Fibo @ 0.7538.  There is strong resistance just above it so expect that a retracement back to 0.7485 first is in order to gain strength to get through.  A break of this resistance targets the top @ 0.7660. A break there takes us to the R6 @ 0.7718 area.