7210 was the necessary support zone and it would appear to have failed.... so 71 is target now.
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7210 was the necessary support zone and it would appear to have failed.... so 71 is target now.
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Managed to nail this one on the blog yesterday for max of +109 pips
4/5. Nzd.Usd #47 – Short term looks slightly bearish on break of Bear Flag (1H chart) with potential for test of Chikou 7241
Hi Loofa.
My apologies, that was my typo - should be 109 - maximum now +150 pips (I allow 6 for spread)
Holly H@ll, today with the good news re Bollard look at the $ ,, UP .01 sofat today , 11.00 ap, employment news looks like its driving the rise.
just to clarify Dr I was short , and am now out.
Now, I see resistance at around the 72 level, and might consider going long above that but would wait for a signal and could end up going either way
Current price 7137
definite resistance just above 72
but as I said if 72 is broken then its up and I will suggest to the recent high of 7325 , so I'm long again from 7213