Nzd/Usd

Pair is trading with upward channel and rebound is likely possible at current point if it is going to trade within this channel but from the above support 0.8000, lets see what happens in US session but I will remain bullish...

NZD / USD pair reached today to sensitive areas and comma in the future direction of the trend reached great if we close above it today, we head for more of the Ascension, but if it is likely he could not back down

http://www5.0zz0.com/2012/07/03/17/676202813.png

NZDUSD is back at levels not seen since early May. Resistance at the current level is defined by the March low and trendline that extends off of the February and April highs. Even the slight push above the trendline still contends with the 61.8% retracement of the decline from the February high at 8082 and 4/23 low at 8087. I’m on the lookout for a top and reversal.

LEVELS: 7920 7960 7995 8060 8100 8160

the pair is moving now near the bearish trend as shown in daily chart , so i think if it couldn't break this trend we will have a great chance to sell as there is also a resistance level @61.8% so we can sell with stop lose above this level and first target @50% or near the bullish trend


Attachment 2045

The pair NZD / USD more clearly loomed levels sloping channel, a few hours ago there was a rebound from the top of the channel, I'm waiting for when the price approaches the sloping support line, and near it I will buy.

Pushing his way to the top of a couple still keeps the level of support 0.8000, trades are almost sideways but with a little rostom.tak that at the least activity in the market think the couple should fly away, so wait for the holidays and good movement in the market ...

price closer to the Ichimoku cloud top, as in the area and the other is the level of support - sloping line, the underlying trend-north, and I think that from these levels will resume growth.

for further growth of the pair must overcome the resistance level of 8065 in which the course is now rested, medium-term trend to the north, and I think he will pull the course to the north and the breakdown of 8065 opened the way for 8290.

Caught between LWMA100 (0.8034) and daily pivot (0.8041), now this pair try to get out of the constraints. So if the pivot been broken, the pair will go up to the 0.8059-0.8081 level. Conversely, if LWMA100 broken, then this pair will fall to the 0.8001 level, with a possible continuation to the 0.7979 level.

honestly lateral movement already tired of this pair, it does not overcome the resistance level of 8060, likely will fall back to the south which I think will continue to trend line slope.