NZD/USD Completes Bullish Pattern
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Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-I wrote previously that "the next directional move triggers on a break of the 1/20-2/29 trendline or a move through the October and December highs. A break above the mentioned highs would complete a 6+ month reversal pattern with target in the mid-.70s with interim resistance at .7175." NZD/USD has completed the reversal pattern so focus is higher.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.