NZD/USD Daily Video, August 09, 2016

[Sive Morten]

Good morning,

NZD shows very interesting picture, especially if we recall coming RBNZ meeting on Thu:




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.

 

[Brett Reynolds]

Excellent PA confirmation from yesterdays Daily Pin Bar at 50% retrace from 25th July! I took long position at 50% retrace of yesterdays Pin Bar right around .71 even! Right. Also look at the 50 Day simple moving average! All round confluence on this deal Sive! We could go all the way to 74.50..!?