Updated the:
06/15/2012
NZD/USD Technical Analysis comments :
Sentiment :
sentiment
0.7727
sentiment
0.7690
sentiment
The pair NZD/USD has continued yesterday its bullish movement and the breakout of 0.78 gave us a new buy signal.
The pair is now going to test the next resistance at 0.7846 (level 50% of fibonacci retracements).
All indicators are bullish.
The pair is moving above the upper band of its bearish channel (purple lines).
We continue to advise long positions as far as 0.7727 is support.
The breakout of 0.7846 will give a new buy signal and will open the way towards 0.7938 (level 61.80%).
In case of return below 0.7727, we will wait the breakout of 0.7690 to advise short positions.
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