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miércoles, 23 de marzo de 2011

Updated of the NZD/USD


The New Zealand Dollar broke consistently to the rise the downward channel in the one that was coming playing with regard to the North American Dollar from February 02 (yellow lines).


In agreement to Fibonaci's setbacks (from 0.7822 to 0.7115), during the Asian session of March 24 this one finding his Resistance in the level of 50 % of Fibonaci, which corresponds to the price of 0.7465.

If the rising trend of the New Zealand Dollar continues during the London session, his following level of Resistance in 0.7550 (61.8 % of Fibonaci).

On the other hand, if his rising trend meets stopped, his immediate level of Support it represents 0.7385, which it corresponds to 38.2 % of Fibonaci.