NZDUSD Cosolidation Range

The NZDUSD has filed expectations and a moved up towards the top of the consolidation range at .8235.  This is the same range that the pair drifted around for over two months earlier in the year.  Resistance begins at .8235 followed by .8275.  Support begins around the weekly lows at .8160.  A break of that level could expose the pair for a move back down towards .8060.  The economic commentary following the AUDUSD rate Decision regarding China could impact this pair.

Sup         .8160

Res          .8235

Keane Insight:      Watching Support at .8235 for price action clues.

 

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