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NZD/USD Underside of 2016 Trendline is Back in Play

Jamie Saettele, CMT

DailyFX.com -

Daily

NZD/USD Underside of 2016 Trendline is Back in Play
NZD/USD Underside of 2016 Trendline is Back in Play

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.


original source

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