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NZD/USD .7460s Now of Interest

NZD/USD .7460s Now of Interest

Jamie Saettele, CMT, Sr. Technical Strategist


NZD/USD .7460s Now of Interest

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change to the most recent NZD/USD update. “Kiwi is back at resistance for the 3rd time in 3 weeks so be aware of breakout potential. A breakout would target the .7500 area. The 50% retracement of the decline from 2014 is .7520 while the 2005 high and 2012 low are near .7465.”

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

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