NZDUSD …Bounced at 82….Still in the consolidation zone

The NZDUSD did its best today to attempt to break below the Bull/Bear line at .82.  The cross appeared to be on its way lower until Fiscal Cliff talk out of the USA reversed the dollars strength.  The pair is still consolidating in a narrow range between .8250 and .82.  A break to the topside of the zone targets .83 and a push below the bottom favors a move towards .81.

Chop Zone       .82/.8250

Sup   .81

Res   .83                  .8350

Keane Plan...Sidelined until the pair breaks below or above the chop zone.

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