$NZDUSD – Break out Currently the cross is @0.7858 after breaking out of the Bear Flag in the London session. A break of the S3 (current spot) and the sideways move to the downside targets the 0.7800 double bottom and then the S4 support @0.7763. A bounce north today we would look for a move to the .500 Fibo @ 1.7902....
