NZD/USD Daily Video, April 22, 2011

Sive Morten

Special Consultant to the FPA
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12,992
Good morning,
Financial markets is closed today (particularly currency futures), so I've decided to take a look at NZD today, because EUR chart will not change for 3 days, and we will discuss situation on EUR in weekly research in details.
But today - NZD. It has good potential to show almost perfect DRPO "Sell" pattern at daily time frame:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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