Tanalys

NZD/USD about to Leave Behind Sloppy Range?

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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FOREXAnalysis: The NZDUSD continues to chop sideways but the inability of price to make a new low with the AUDUSD on 6/28 and on 7/3 is action typical at turns. A triangle is also possible although above .7860 would eliminate that pattern.

FOREXTrading Strategy: Flat

LEVELS: .7649 .7697 .7750 .7832 .7860 .7898

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