Daily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-“Risk is lower and considerably so given the head and shoulders pattern.” The dominant pattern on the NZD/USD chart remains the head and shoulders pattern. As such, focus is lower as long as price is above the latest swing high of .7238 (12/14 high). A trendline is worth monitoring for support near .6700.