Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
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–NZDUSD has broken above a nearly month long range. Monday’s rally also followed through on Friday’s outside day. Highs from Nov and Sep are possible resistance from about .8400 to .8450.
-Longer term trend remains sideways, possibly within the confines of a triangle.
Trading Bias: Flat
LEVELS: .8243 .8293 .8334 | .8415 .8435 .8514
— Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com