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FX.co ★ NZD/USD,Corrective Movement., Janaury 13, 2011 (Daily Strategy)

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Forex Analysis

2011-01-13T13:20:49
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NZD/USD,Corrective Movement., Janaury 13, 2011 (Daily Strategy)

NZD/USD,Corrective Movement., Janaury 13, 2011 (Daily Strategy)

NZD/USD

An upwards breach of the shuffle pattern will only occur after the pair closes over the resistance level at 0.7656. In such a case, the pair will have a high potential for continued upwards movement, towards the 0.7870 resistance level.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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