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Forex pairs in this Article » NZD/USD

eliottWaves_nzd-usd_body_Picture_7.png, NZD/USD .8275-.8310 May Prove FormidableChart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-NZDUSD extended gains and Friday’s close remains uncovered at .8132. The near term trends is best described as sideways following the failure of price to extend lower from the head and shoulders break.

-.8275-.8310 may inspire a reaction that leads to a resumption of weakness that began in October.

Trading Strategy: Flat

LEVELS: .8132 .8155 .8223 | .8275 .8308 .8340

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