Monthly

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-NZDUSD is trading at its best level since the month of the all-time high (August 2011…high was .8842). The last level of possible resistance from the high is .8760/90. A line that extends off of the 1996 and 2007 highs, and crosses through the 2008 and 2013 highs (all time high spent 2 months above the line) is at about .8770.
-The outside day reversal could indicate an important top.
LEVELS: .8567 .8605 .8640 | .8669 .8763 .8790
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.