Weekly
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 resistance above .8400. The 1/14 high is just shy of the 9/19 and 10/24 highs at .8435/45.
-Longer term trend remains sideways. Near term, price has traded into the close of the large reversal week from October. Possible resistance is at .8334 and .8377. .8200 needs to give way to suggest additional downside.
LEVELS: .8136 .8187 .8248 | .8303 .8345 .8377
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.