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 June-July Trendline Just Under the Market

NZD/USD June-July Trendline Just Under the Market

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

NZD/USD June-July Trendline Just Under the Market

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-.7200 remains the pivot. I’m using .7200 since it’s the most recent swing low (8/29 low is .7204). Weakness below would be viewed as an indication that price is headed for a test of the January-May trendline in the mid-.6900s. Long upper wicks on daily candles (including today…9/20) continue to indicate strong overhead resistance.

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.

DISCLOSURES