NZD/USD Downside Break Possible as Long as Below .8290
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-NZDUSD is a mess near term. A larger top may be in the works but the near term is indecipherable.
-.8390-.8445 is a possible topping area this month. An uncovered close remains at .8126 is possible support.
Trading Strategy: Flat
LEVELS: .8035 .8084 .8132 | .8208 .8240 .8287
--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.