http://prntscr.com/3tefzk
analysis for today 6 / 16 / 2014
AUD/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.0847
Retracement (50%) 1.0852
retracement (61,8%) 1.0856
Extensions (61.8%) 1.0812
Extensions (100.0%) 1.0799
Extensions (138.2%) 1.0786
Extensions (161.8%) 1.0777
calculation based on a Fibonacci retracement then today I choose sell