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NZD/USD Reaches Short Term Double Top Target at .7331

NZD/USD Reaches Short Term Double Top Target at .7331

2015-05-12 19:08:00
Jamie Saettele, CMT, Sr. Technical Strategist
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NZD/USD Reaches Short Term Double Top Target at .7331

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“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.”

-NZDUSD has bounced from a short term double top objective (.7331). The larger wedge completed and yields a bearish objective near .6600.

For more analysis and trade setups, visit SB Trade Desk

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