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GRAFFITIKNYGHT

Will Nzd continue to edge up till June?

Long
New Zealand Dollar / U.S. Dollar (FOREXCOM:NZDUSD)  
GRAFFITIKNYGHT  
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis
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1
trendanalysis
Every 5 and a half months (162-167 trading days), Nzd tops out over the Usd, than wedges down only to repeat the process thru 3 cycles since at least February 2nd. It will be interesting to see whether this pattern will continue into next month. If it can break its current channel i see this run ending before mid June.
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