NZDUSD Hits The Roof


The turnaround in the NZDUSD has been swift over the last week.  The pair has gained over 270 pips in this short time.  The cross has now moved up to the resistance zone that has capped the pairs advance twice before between .8185 and .8220.  This level will act as a Bull/Bear line in the short-term.  A break above this zone opens up the path towards .8315 followed by .8470.  If the NZDUSD finds resistance at this level the pair could slide back towards support at .8030.

Sup  .8030

Res  .8185/.8220

Keane Plan...  Watching the resistance zone between .8185 and .8220

 

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