NZD/USD Responds to Trendline Confluence

Jamie Saettele, CMT

Tue, Feb 18, 2014, 4:14 PM

Daily

eliottWaves_nzd-usd_body_Picture_7.png, NZD/USD Responds to Trendline Confluence

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 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.

-.8238 is possible reaction area.

LEVELS: .8211 .8237 .8292 | .8345 .8362 .8391

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

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NZD/USD Responds to Trendline Confluence

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