Updated the:

01/25/2011

NZD/USD Technical Analysis comments :

Sentiment:

sentiment

The pair NZD/USD continued its bullish movement and got out of its range 0.7621/0.7662. The resistance at 0.7662 has been broken, giving us a buy signal. We maintain to trade only long positions as far as this level is support. The breakout of 0.77 will give a new buy signal. The next resistance is at 0.7750. However, in case of return below 0.7662, we could trade short positions. So, this level is our pivot point.

NZD/USD

NZD/USD