NZD/USD Sights Set on .8585
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-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.