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21-02-2006, 10:42 AM
#521
Update of last post - met the minimum target precisely at 0.6621 and has since bounced. Has it enough juice to get back to .6800 for another sell?
Xerof
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21-02-2006, 10:03 PM
#522
No juice left in the tank!! Another test of 127.2% at the moment, so if broken, the lower targets come into play, see post of 17/2
Xerof
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22-02-2006, 10:18 PM
#523
Junior Member
Hmmm quite a severe sell off against the Kiwi tonight particulary at 8PM, so far down 1.5c today. Wonder what triggered it off?
Appears the Kiwi broke a significant support level a few days back and is now in freefall.
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07-03-2006, 01:56 PM
#524
wow its still going even after last nites plunge!!!
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08-03-2006, 09:28 AM
#525
Peat, its reached and exceeded the 161.8% target shown in my chart of the 17 Feb. I'll try and update something this afternoon.
Xerof
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10-03-2006, 01:59 PM
#526
Peat, an update - crude and without the inevitable wrinkles, but the best I can suggest right now....
the two step in leg D is encouraging for further declines
Regards
Xerof
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14-03-2006, 11:42 AM
#527
a particular distaste for the NZD seems to be continuing. Note that Aud cross rate sky rocket !!
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14-03-2006, 10:07 PM
#528
Hi All
.6347 is an important Gann number,
so there might be some hesitation there.
But I really think in the longer term
circa .5650 area could be a possibility.
GTA - arco
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15-03-2006, 11:38 AM
#529
Nice turnaround off the Gann .6347 as expected for circa 85 pips
presently.
GTA - arco
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16-03-2006, 08:45 PM
#530
Good ol Helen hey
quote:Comments from PM Helen Clark, currently visiting the Philippines, are being blamed. She said the NZD was not currently weak and that falls in its value was positive for NZ
exporters.
That's put the presure back on
Cheers
Slam
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