NZDUSD Keeping My Eyes on the Larger Picture

The NZDUSD is in a larger range between .83 and .81.  The.82 level has attempted to act as a pivot in the middle.  At the moment the cross is in a smaller range between .8270 and .82.  A break above the .8270 level favors a run towards .83.  A move back below .82 could see a push towards .8160.  So as you can see the risk reward of playing the inside of the range is rather moot.  Until the pair reaches the extremes of the range standing aside could be the key.

Sup    .82                    .8160                         .81

Res     .8270               .83

Keane Plan....Waiting for a move up towards either the .83 or .81 level.

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