NZD/USD Outlook


Let’s take a look at the NZD/USD chart.

We finally saw a sharp break up after seeing an Ending Diagonal forming up followed by a short, but steep drop down.

Look for the pair to potentially continue up to the .8600 level and above.

Good luck with trading.

For 2011 (As of June 1, 2011):

• +4,462 long term pips
• +1291 pips short term trades
• +50-100 pips per week average on quick trading

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