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.

NZD/USD Underside of 2016 Trendline is Back in Play

17 Jan 2017 20:40, GMT
Jamie Saettele, CMT, Sr. Technical Strategist

Share:

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-NZD/USD technical evidence is building that this will be a failed head and shoulders in which case there’d still be resistance to confront near .7330/40. The underside of the 2016 trendline should be watched for a response near .7260 as well.

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

DISCLOSURES

Related Articles:

FTSE 100, DAX 40 and S&P 500 Come off Record Highs 17 May 2024 12:00, GMT
Dow & Nasdaq 100 Make Gains, while Hang Seng Rockets Higher 14 May 2024 11:30, GMT
The UK Returns to Growth and US CPI to Drive Markets Next Week 10 May 2024 18:43, GMT
FTSE 100 joined by DAX 40 in setting new record high while S&P 500 also rallies 10 May 2024 12:00, GMT
STOP!

From December 19th, 2022, this website is no longer intended for residents of the United States.

Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm

By selecting the box below, you are confirming that you are not a resident of the United States.