Nzd/Usd

Nzd/usd analysis for 06.03.2013 by using pivot indicator.

r3: 0.8215
r2: 0.8158
r1: 0.8051

pivot: 0.7994

s1: 0.7887
s2: 0.7830
s3: 0.7723

my count has changed a bit for the pair as we saw an upside gap and now I would be looking for a test of atleast 0.8000 if broken then 0.8090 is on the cards but a break of 0.7940 will invalidate that count of a bull test but I never buy never correction as it can end anytime and new decline starts anytime

So cautious approach is needed as we are heading for a minor recovery which start with today gap

Regards

Pivot levels today:
R3: 0.8228
R2: 0.8166
R1: 0.8064
PP: 0.8002
S1: 0.7900
S2: 0.7837
S3: 0.7735
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forcast: Price may fall to 0.7837.

http://storage3.static.itmages.ru/i/...a34f4dc195.png

Reached the target level prognoza.Dalee formed a cycle bottom.
While border sloping channel resistance stands, the pair is likely the formation of the loop down.
The key resistance level: 0.8060.
Murrex AO-badly directed.
Target levels forming a cycle bottom: 0.7905 and 0.7875.

The money that the United States have this way again for a few days in the emergency room. Much better than at the same time has published some days all unemployed and claims United States retail store currently issued revenue according to the objectives of this. Retail store outside New Zealand income fully in the financial negotiations over several weeks. Almost all of the negative publicity can a new incentive, this hack.

At the moment, there is a set of two penniless Royal area
Movies are still viable. Although this is good, real tests wait then quickly from there usually
Split in such a scale indicates once again that the impulse of anger can be maintained and
Success.

Now joins the Green Street
Somehow, however, retest as another fall by short go is smart.
Keep a clear break.
Good luck

NZD/USD intraday: Going BULLISh Trend, rebound.
Pivot@ 0.7975
My choice: Open BUY positions on top of 0.7975 with targets @ 0.806 & 0.81 in extension.
Alternate choice conditions: Under 0.7975 check for further down-side with 0.7935 & 0.79 as targets.
Feedback: the pair has rebounded and is breaking up over its resistance as the RSI is properly directed.
http://dl.dropbox.com/u/51561036/scr...603-232540.jpg

Now break this particular couple of their more collections
Steady decline was still possible. Although it is very good for your artist later passed this time
Certainty means the above crack, in turn that this particular collection of trend so far is very good to grow
Good luck to you.

The pair entered the northern correctional stage and until a little closer to the 8200-8160 resistance zone from the zone in the first place I would have expected to rebound and continue south along the main trend decline with access to a local minimum of 7940 in the continued growth not believe it.