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NZDUSD Trades to Highest Since April 30th

NZDUSD Trades to Highest Since April 30th

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_nzd-usd_body_nzdusd.png, NZDUSD Trades to Highest Since April 30th

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.” 8223 was pierced Wednesday and focus remains higher towards mentioned levels. Support begins at 8170.

LEVELS: 8105 8133 8170 8133 8186 8223

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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