News Column

NZD/USD .8360/70 is Estimated Resistance

February 24, 2014

Jamie Saettele, CMT

Daily

eliottWaves_nzd-usd_body_Picture_7.png, NZD/USD .8360/70 is Estimated Resistance

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



-NZDUSD has responded to a trendline confluence. The trendlines in question extend off of the October and January highs and August and November lows. The reaction is consistent with an important market turn.



-.8262 is resistance if reached.



LEVELS: .8254 .8279 .8302 | .8362 .8375 .8402



--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.








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Source: DailyFx


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