New Zealand Dollar Technical Outlook

Published July 8th, 2009 - 05:51 GMT
Al Bawaba
Al Bawaba


The short term NZDUSD pattern is the same as the short term AUDUSD pattern.  Only a break below .6150 would inspire confidence in the downside.  A bearish count is valid against .6555 as there are 5 waves down from that level.