NZDUSD Resistance Zone Friday

 

The setup into the new week for the NZDUSD is rather simple.  The cross is currently stuck between a support and resistance zone and until either of these levels give range trading could be the plan.  The resistance zone is created by the .8050/00 zone.  This level held the pair in check throughout last week.  A clean break of this level will open the pair up towards a move to .8470.  Support is still created between the .8220/.8185 area.

Sup      .8220/.8185

Res     .83/.8350

Keane Plan....Playing the range until it breaks.

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