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NZD/USD On Verge of Completing Significant Bullish Pattern

NZD/USD On Verge of Completing Significant Bullish Pattern

2016-03-29 18:18:00
Jamie Saettele, CMT, Sr. Technical Strategist
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NZD/USD On Verge of Completing Significant Bullish Pattern

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The next directional move triggers on a break of the 1/20-2/29 trendline or a move through the October and December highs. A break above the mentioned highs would complete a 6+ month reversal pattern with target in the mid-.70s with interim resistance at .7175.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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