# NZD/USD Divergence Play (February 5, 2014) Source: https://www.tradersway.com/resources/market-info/nzd-usd-divergence-play-february-5-2014/ Language: en Updated: 2014-02-05 Description: Explore NZD/USD Divergence Play (February 5, 2014). Thanks to. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. Thanks to strong New Zealand jobs figures, NZD/USD made a stellar rally in the past trading session and climbed back above the .8200 handle. However, the pair might be encountering resistance right at that area, which has acted as a support level in the past. At the same time, price has made lower highs while stochastic drew higher highs, forming a bearish divergence. Stochastic is already moving out of the overbought zone, hinting at a potential short-term selloff. ![NZD/USD Divergence Play (February 5, 2014)] If that happens, the pair might be on its way to test the former lows around the .8100 major psychological level. Shorting at market with a 100-pip stop and a target of .8100 would be a 1:1 return on risk. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/nzd-usd-divergence-play-february-5-2014/#primary", "url": "https://www.tradersway.com/resources/market-info/nzd-usd-divergence-play-february-5-2014/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/nzd-usd-divergence-play-february-5-2014/", "headline": "NZD/USD Divergence Play (February 5, 2014)", "inLanguage": "en", "datePublished": "2014-02-05T13:02:09+00:00", "dateModified": "2014-02-05T13:02:09+00:00", "articleSection": "Market Info", "description": "Explore NZD/USD Divergence Play (February 5, 2014). Thanks to. 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