Nzd.usd

[peat]

7210 was the necessary support zone and it would appear to have failed.... so 71 is target now.

[arco]

.

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

[loofa]

.

Managed to nail this one on the blog yesterday for max of +209 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

What was the range of the 209 pips? I can see a high of 7320 and a low of 7187

[arco]

Hi Loofa.
My apologies, that was my typo - should be 109 - maximum now +150 pips (I allow 6 for spread)

[whatsup]

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.

[peat]

7210 was the necessary support zone and it would appear to have failed.... so 71 is target now.

I had tp at 7115
who would've thought it would go anywhere near my 71 after stats y'day , in fact I took the opportunity to add {short}at 7250 so yeh.... :+)

[Dr_Who]

I had tp at 7115
who would've thought it would go anywhere near my 71 after stats y'day , in fact I took the opportunity to add at 7250 so yeh.... :+)

Any reason to go long NZD? I may follow you and go long NZD.

[peat]

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

[peat]

definite resistance just above 72

[peat]

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