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NZDUSD Short Term Double Top

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
jsaettele  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
The drop under the 9/9 low completed a double top in NZDUSD. The measured level from the pattern is .6414, which is just above the 200 day average. Resistance should be .6600 although price might not bounce until taking out .6500. See scandex.com for more.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/

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