Pages

Subscribe:

Ads 468x60px

Wednesday, April 25, 2012

$+$ NZD/USD technical report classic 04.24

24 April 2012 06: 28 GMT


 Daily_Classical_NZDUSD_body_nzd.png, NZD/USD Classical Technical Report 04.24
NZD/USD: the market was locked in a coated chop on the past several sessions to temporarily delay our bearish perspective. However, rallies to 0.8300 are seen as a great opportunity to seek to establish fresh short positions to the recovery of underlying bear trend. Search for renewed weakness and a break and rear closure below 0.8055 on upcoming sessions. Ultimately, only a close back above 0.8300 would give reason to worry.

No comments:

Post a Comment