NZD/USD at Range Highs; Beware a False Break above .8334
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-NZDUSD has rallied into the top of the range that has persisted since late Nov.
-.8390-.8445 remains a possible topping area if breaks through trendline resistance. The bottom of this zone is bolstered as resistance from the construction of a short term triangle.
Trading Bias: Flat
LEVELS: .8178 .8202 .8243 | .8300 .8334 .8380
--- 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.