NZD/USD Trendline May Come into Play Near .8400
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-Longer term trend remains sideways within a triangle that began at the 2011 high.
-Possible NZDUSD resistance is at .8377 and trendline resistance that crosses .8400 over the next few days. .8200 needs to give way in order for traders to look lower.
LEVELS: .8211 .8262 .8296 | .8345 .8377 .8402
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.