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Daily NZD/USD Outlook - 0.6975
Updating time : 12 Mar 2007 23:19 GMT
As aussie has retreated after intra-day rise to
0.7836, suggesting a top has possibly been formed n
consolidation with downside bias remains but below
0.7790/95 is needed to confirm n bring correction
twds 0.7772 later.
Trade fm short side with stop at break-even n
only abv said res wud risk marginal gain to 0.7855.
Range Forecast
0.7795 / 0.7820
Resistance/Support
R: 0.7836/0.7855/0.7894
S: 0.7795/0.7772/0.7752
>SIGN UP for 1-week TRIAL<
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Updating time : 12 Mar 2007 23:19 GMT
As aussie has retreated after intra-day rise to
0.7836, suggesting a top has possibly been formed n
consolidation with downside bias remains but below
0.7790/95 is needed to confirm n bring correction
twds 0.7772 later.
Trade fm short side with stop at break-even n
only abv said res wud risk marginal gain to 0.7855.
Range Forecast
0.7795 / 0.7820
Resistance/Support
R: 0.7836/0.7855/0.7894
S: 0.7795/0.7772/0.7752
>SIGN UP for 1-week TRIAL<
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