NZDUSD Trades into May 1 Range
Prepared by Jamie Saettele, CMT
Bigger picture, the NZDUSD rally from the June 1 low is probably wave c within a triangle from the November low (B wave triangle). Levels to watch for a top are 8135 (c = 61.8% of a) and 8190 (61.8% extension of 7455-8075 rally). The latter level is in line with trendline resistance this week. The support zone is 7920/90.
LEVELS: 7960 7990 8030 8135 8190 8235
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