NZDUSD Breaks Through Yearlong Trendline
Prepared by Jamie Saettele, CMT
The NZDUSD continues to outperform the AUDUSD and Tuesday’s break above the yearlong trendline shifts focus to 8223, 8317 and perhaps much higher. The count above may seem a stretch but markets tend to go where few expect. Currently testing the 8/23 high, initial support is 8133. RBNZ is tomorrow.
LEVELS: 8050 8080 8133 8133 8186 8223
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