Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View More
NZD/USD Bearish Wedge Break

NZD/USD Bearish Wedge Break

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT

-“A wedge may be underway from the February low though. The bearish pattern would complete on a break below the support line from that pattern.”

-The wedge completed and yields a bearish objective near .6600. Risk is lower as long as price is below .7750.

View additional analysis and receive trade ideas

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES