Apafft Fx Trade Commenary: Nzdusd Price Action: Hits Key Support. May 10, 2013 - Business - Nairaland
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| Apafft Fx Trade Commenary: Nzdusd Price Action: Hits Key Support. May 10, 2013 by ahize: 3:11pm On May 11, 2013 |
 The Kiwi has been very active lately. In the commentary of the 8th of May, I did point that the pair had hit support and showed a false break of it. This lead to a quick dash back into Key resistance from where sellers sent prices fast back to support. Fridays trading offered more bearishness as priced raced into the next Key support at about 0.8280. My expectation would be for rotations back into New Resistance from where Price Action Setups to rejoin the bears should be expected. http://fxpriceactionwithchris..com/ |
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