http://prntscr.com/43972w
analysis for today 7 / 16 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8778
Retracement (50%) 0.8786
retracement (61,8%) 0.8794
Extensions (61.8%) 0.8710
Extensions (100.0%) 0.8684
Extensions (138.2%) 0.8658
Extensions (161.8%) 0.8642
calculation based on a Fibonacci retracement then today I choose sell