New Zealand Dollar Technical Outlook

Published March 3rd, 2008 - 08:33 GMT
Al Bawaba
Al Bawaba

The drop from .8214 has yet to complete 5 waves.  Until that occurs, we will refrain from taking a bearish stance.  



If price does drop below .7922 in the next few days, then we’ll look to sell the 3 wave bounce that follows.