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NZD/USD finds support ahead of big Fibo level

FXstreet.com (Barcelona) - The NZD/USD is last at 0.8083, off session highs at 0.8107, and slightly higher for the session being after gapping up at the open on the back of broad USD selling.

The pair has so far found buying interest ahead of the big Fibo level around the 0.8060, Nov lows, and 50% retrace of daily up leg from June low 0.7450/0.8680.

Immediate support to the downside for Kiwi lies at Friday's fresh 6-month lows 0.8061, followed by Nov lows at 0.8049, while closest resistance to the upside shows at recent session highs/Oct 17 lows 0.8107, followed by Nov 09 lows at 0.8123.

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