elliott resistances in an impulse wave down 0.8241 marlket should not go lower than 0.8190 - 0.8153 aftter this move down it should go up to 0.8250 - 0.8273 area
support and resitances
res2 0.8343
res1 0.8273
pivot 0.8227
sup1 0.8152
sup2 0.8107
Thread: Nzd/Usd
elliott resistances in an impulse wave down 0.8241 marlket should not go lower than 0.8190 - 0.8153 aftter this move down it should go up to 0.8250 - 0.8273 area
support and resitances
res2 0.8343
res1 0.8273
pivot 0.8227
sup1 0.8152
sup2 0.8107
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we can see in the 1w chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 0.8062
stochastic refers that the pair will go down
so our target sell from 0.8262 and our target will 200pips
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NZDUSD,H1
Date 2013.05.16
Time 01:00
Open 0.8232
High 0.8246
Low 0.8231
Close 0.8240
Volume 164
SMA(5) 0.8232
SMA(10) 0.8227
SMA(20) 0.8216
SMA(50) 0.8229
SMA(100) 0.8269
SAR 0.8200
Indicator window 1
Stoch(5,3,3) 82.0755
Signal 78.4287
Indicator window 2
RSI(14) 56.3345
Indicator window 3
MACD(12,26,9) 0.00032
Signal -0.00009
Indicator window 4
%R(14) -20.8333
based on combination of indicators above,
trend : NEUTRAL
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I see the pair will go to up way to 0.8294
stochastic refers that the pair will go up
so our target buy from 0.8235 and our target will 60pips
good luck
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/////Couple today demonstrated clear from the top of bearish channel, the course again forms the southern wave, the target area will be 8160 area (the lower boundary of the channel). The alternative-break 8260 (the upper boundary of the channel) to open 8300 and 8330.//////
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Northern Correctional stage came to an end, the couple went on a release from the medium slope resistance and overcome if now support 8220 - it will be a signal for the resumption of the long waves of southern and sell signal, goals can again become a mark of about 8100 pieces.
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NZD / USD has been rising daily to remove, destroy themselves in negative territory and establish fresh session lows at 0.8174 at the moment / 80. After the movement of risk-off yesterday, antipodean currency has faced hurdles in recovery USD this week. At time of writing, the pair is mendapai -0.16% away from the opening of the European trading session.
NZD / USD will face short-term support at 0.8164, followed by 0.8112, and 0.8043. Instead, the pair could face resistance at 0.8285, then 0.8354, and finally 0.8406.
"NZD / USD down after breaking up major support, now become a resistance. The pair also fell due to settled under 0.8280, which is 61.8% correction. We believe the extension of the downward trend may occur.
Support: 0.8177, 0.8163, 0.8152
Resistance: 0.8227, 0.8213, 0.8202
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it's time to do the buy order for the NZDUSD currency pair because the price buyers are entering the zone, in addition to notice of the circumstances in the show I'm sure that h1 timeframe takeprofit likely to be achieved, for up tp you can place up to the 0.8299 price
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