NZDUSD Trade Idea on GDP
Prepared by Jamie Saettele, CMT
The NZDUSD correction is well underway and I’m on the lookout for a low – perhaps on a spike after GDP tonight. Wednesday’s low has held but a negative reaction tonight would encounter support at 8175/95. Upside levels of interest for late September / early October remain the 2012 high at 8470 and a cluster of levels near 8570.
LEVELS: 8133 8175/94 8234 8304 8353 8470
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