FX:NZDUSD   New Zealand Dollar/U.S. Dollar
38 7 1
NZDUSD             moving to resistance.
A very sound expectation. ;-)
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anunaki1221 ForceFollower
Yes the rate should go down the resistance must follow the AUDUSD.
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ForceFollower anunaki1221
And the AUDUSD is probably heading for .9205. Worth staying long in both pairs.
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anunaki1221 ForceFollower
Probably the price can go up to 92 or up to 93 as well.
In principle, the road to freedom 93
Have serious resistance is less than 93.
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anunaki1221 ForceFollower
Thank you.
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To be precise, as for NZDUSD my first target is at .8604, although it can go higher, to the highs at .8632, as you've depicted it on your chart.
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anunaki1221 ForceFollower
Exactly how far to go and when to stop, it is impossible to say.
Yes 8632 is the first serious resistance.
03.19.2014 is a double peak.
11.04.2013 and 04.30.2013 these periods reversed the NZDUSD.
Now is a good chance of breaking if you add the fundamentals well.
And the U.S. dollar is already in enough trouble for a while.
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