the most likely scenario
the pair can move down to test the 1st resistance on 0.7880
alternative scenario
the pair can move up to test the 1st support on 0.7795
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the most likely scenario
the pair can move down to test the 1st resistance on 0.7880
alternative scenario
the pair can move up to test the 1st support on 0.7795
Nzdusd market in the time trade to be carefully . you trader wait now and see the market .trading carefully in time..................................
The pair New Zealand dollar against the U.S. dollar would drive a strong positive development in the price of a new bullish channel and completely reversed the downward force of the form proposed in our last, which forces us to return to trend upward depending on the trade within a rising channel back to the positive stochastic.
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A break of 0.7965 will put the pair at a loss again.
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Expected trading range for today is between: Support and Resistance 0.7905 0.8200
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General tendency is expected for today: rising
steam again resumed growth in the north, the course has just broken through the daily maximum and the resistance level of 8035, but there is still a level of 8050, my main purchase will deprive while fixing the above, 8050.
Pair is trading the New Zealand dollar against the U.S. dollar positively quiet since morning, and continues to support the stochastic wave rising through the expected positive signs on the daily timeframe.
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Overall, the proposed scenario the morning, remain valid provided that stability above 0.7965
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Expected trading range for today is between: Support and Resistance 0.7905 0.8200
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General tendency is expected for today: rising
couple is now a very strong resistance near the 8060 rate for the last few days is well up in price and with little or no correction, I think that the beginning of the corrective movement south will be from 8060.
The NZDUSD on look to be more probably bulls again. So, of course, with this look - the more probably bulls - here. On my see the max. bulls can probably test again and touch to near the 0.8075 (strong resistance) of this pair.
The New Zeland Dollar has failed to pursuit its bullish trend last week despite a return above 0.80. The pair NZD/USD is back into its neutral zone between the fibonacci retracement 50% at 0.7846 and the level 61.80% at 0.7938.
NZD / USD pair continued today in a strong upward trend and is now trading above 61 day Fibonacci if he can above our goal of closing will be at the falling trend
http://www14.0zz0.com/2012/07/27/17/726454699.png
According to the 3x3 DMA both 1 hour and 4 hour are bullish although we are close to 4hr oversold we should see a bit of retracement to 0.7875 before further upward continuation.