Updated the:
06/11/2012
NZD/USD Technical Analysis comments :
Sentiment :
sentiment
0.7641
sentiment
0.7641
sentiment
The pair NZD/USD has rebounded last friday on the support at 0.7641 (level 23.60% of fibonacci retracements) and has opened the week on a strong bullish gap.
The breakout of 0.7754 (level 38.20%) just gave us a new buy signal.
Currently, the pair is testing the upper band of its bearish channel (purple lines).
All indicators are bullish.
We continue to advise long positions as far as 0.7641 is support.
The breakout of 0.78 will give a new buy signal and will open the way towards 0.7846 (level 50%).
In case of return below 0.7641, a sell signal will be given.
Complete sheet of the pair NZD/USD - Previous NZD/USD Analysis

Chart of the pair NZD/USD - Timeframe 4H - Zoom in :

NZD/USD

Chart of the pair NZD/USD - Timeframe 4H - Zoom out:

NZD/USD

NZD/USD Live Chart - Timeframe : 4h

Chart