Forex Trading: NZDUSD key support being tested

Key support in the NZDUSD s being tested at 0.7865.  A break should trigger some stops.

On a daily chart below, the trendline (up from January 21st low) was broken and will provide upside support at the 0.7946 area).  The objective target on the downside on a break below the 0.7865 low, would be the 0.7793-0.7802 area where the 50% retracement and the 100 day moving average are currently located.