NZD/USD Candlesticks and Ichimoku Analysis

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03-05-2010, 10:28 AM

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NZD/USD Candlesticks and Ichimoku Analysis

Kiwi slipped again as expected in our previous update, retaining our bearishness for the fall from 0.7635 to bring retracement of recent upmove to 0.6811/14 (100% projection of 0.7635 to 0.7001 measuring from 0.7445 and 38.2% Fibonacci retracement of 0.5487 to 0.7635), then towards support at 0.6685 but reckon 0.6588/94...

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