With 5 waves up from .7781 and 3 waves down from .8024, it appears that the NZDUSD will at least exceed .8024 and test measured resistance at .8069 (at least).
The short term structure is bullish as long as price is above .7850.
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advertisementNew Zealand Dollar Technical OutlookTuesday, 22 April 2008 13:20:50 GMT |