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NZD/USD – Floor in at .6900?

NZD/USD – Floor in at .6900?

2017-04-13 19:48:00
Jamie Saettele, CMT, Sr. Technical Strategist
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NZD/USD – Floor in at .6900?

Chart Prepared by Jamie Saettele, CMT

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-I wrote last update to “consider a more immediate bullish outcome if Kiwi starts to make progress on the upside from the current level, which is defined by a parallel. Also, NZD/USD is above the March low despite the AUD/USD drop. This non-confirmation is typical at turns.” Kiwi has turned up sharply so the recent low may be important. Strength through the latest high at .7090 would confirm.

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