Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
–NZDUSD has responded to a trendline confluence. The trendlines in question extend off of the October and January highs and August and November lows. The reaction is consistent with an important market turn.
-.8238 and .8187 are possible reaction areas. The former level was nearly reached on Wednesday. .8262 is resistance if reached.
LEVELS: .8136 .8187 .8254 | .8345 .8362 .8377
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.