Exchange rates

NZDUSD

Delayed 09:51:12 29/06/2024 am IST			5-day change	1st Jan Change
0.6084 ^USD	-0.10%		-0.56%	-3.78%

28/06	Stocks dip as investors digest inflation data; bond yields up	RE
28/06	MSCI world stock index hits record high, dollar dips after US inflation data	RE

NZD/USD Mid .8400s Proves itself as Resistance

January 15, 2014 at 02:55 am IST

MarketScreener.com By

Daily

eliottWaves_nzd-usd_body_Picture_7.png, NZD/USD Mid .8400s Proves itself as Resistance

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-NZDUSD has responded to resistance above .8400. Tuesday’s high is just shy of the 9/19 and 10/24 highs at .8435/45.

-Longer term trend remains sideways, possibly within the confines of a triangle (since 2011).

Trading Bias: Flat

LEVELS: .8243 .8293 .8358 | .8402 .8435 .8514

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

original source

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