FOREX ALERTS >>
DailyFX Plus Login

nzd technicals

Article

New Zealand Dollar Technical Outlook
Wednesday, 01 July 2009 14:21:24 GMT  |  Jamie Saettele, Senior Currency Strategist
Delicious
Facebook

My focus remains on the longer term structure, especially the rally from .4890, which is a textbook zigzag.  Waves A and C are equal (and price reversed at the 50% retracement of the decline from .8219), which is common.  However, the uneasy sentiment remains here since the recent decline is more corrective than impulsive. 

More Articles

Feedback Form