News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
NZD/USD Gets Nasty but Has Yet to Break Low

NZD/USD Gets Nasty but Has Yet to Break Low

Jamie Saettele, CMT, Sr. Technical Strategist


eliottWaves_nzd-usd_body_nzdusd.png, NZD/USD Gets Nasty but Has Yet to Break Low

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

FOREXAnalysis: Have been looking for a return to .8161-.8212 and that’s still possible. The NZDUSD is holding above its low while the AUDUSD has broken to new lows. This divergence is typical at turns. The decline from .8136 is slightly more than 2 equal legs at this point as well. New lows would target .7648.

FOREXTrading Strategy: Long triggered today at .7775, stop .7655, target .8210.

LEVELS: .7648 .7760 .7821 .7900 .7947 .8040

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