NZDUSD Could It Be A Wedge

Over the last week the pair has been consolidating in a narrow range.  Price action is capped by daily price resistance at .8250.  A rising trend line from the bottom of the current range at .82 should act as support.  If the manages to break below the descending TL support begins at .8150.  A push above the .8250 exposes September's highs at .8350.

Sup    .82

Res    .8250

Keane Plan...Watching the wedge between .8250 and .82 for a break.

To Access Today’s Yen Talk, Daily Wake Up Call Videos, Current KEANE TRADES and Private Twitter Feed Click HERE

Non subscribers can have a Free 1-week trial HERE

Leave a Reply