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NZD/USD Sights Set on .8585

NZD/USD Sights Set on .8585

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_nzd-usd_body_Picture_7.png, NZD/USD Sights Set on .8585

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-The bird is flying high. Recent action feels like a blow off although .8585 or .8630 cannot be dismissed.

-Weakness below .8450 is needed to suggest that a tradable top is in place.

LEVELS: .8438 .8467 .8505 | .8555 .8585 .8630

--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.

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