NZD/USD Completes Bullish Pattern

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-I wrote previously that “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.” NZD/USD has completed the reversal pattern so focus is higher.

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