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lunes, 21 de marzo de 2011

The New Zealand Dollar validates the Downward Channel (NZD/USD)



One has come the New Zealand Dollar quoting during the last weeks in a channel of downward trend that appears in the attached graph.


To the beginning of this this week validating this Channel, and of fact one thinks in an important zone of Support and Resistance (0.7330 - 0.7350) that distinguishes itself with the band of color gold that appears in the following graph.


In case of breaking the downward trend, his following level of Resistance is the zone of 0.7430 - 0.7450.