acetraderfx
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DAILY NZD/USD OUTLOOK - 0.8625
24 Apr 2014 05:11GMT
Kiwi's intra-day rally from 0.8580 to 0.8638 after
RBNZ's expected rate hike signals the 1st leg of
correction from 0.8746 has ended at 0.8556 on Mon.
Reckon 0.8673 (61.8% r) would cap upside and yield
retreat. Sell for 0.8585 but 0.8575/80 would hold.
STRATEGY : Sell at 0.8660
OBJECTIVE : 0.8585
STOP-LOSS : 0.8698
RES : 0.8649/0.8673/0.8707
SUP : 0.8605/0.8566/0.8556
24 Apr 2014 05:11GMT
Kiwi's intra-day rally from 0.8580 to 0.8638 after
RBNZ's expected rate hike signals the 1st leg of
correction from 0.8746 has ended at 0.8556 on Mon.
Reckon 0.8673 (61.8% r) would cap upside and yield
retreat. Sell for 0.8585 but 0.8575/80 would hold.
STRATEGY : Sell at 0.8660
OBJECTIVE : 0.8585
STOP-LOSS : 0.8698
RES : 0.8649/0.8673/0.8707
SUP : 0.8605/0.8566/0.8556
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