New Zealand Dollar Technical Outlook

Published February 27th, 2008 - 07:55 GMT
Al Bawaba
Al Bawaba

Without even paying attention to wave structure, the NZDUSD still appears to have additional upside potential.  The rally from .7781 would not even equal the .7383-.7966 rally until .8364. 



Look for any decline to form correctively.  Support begins at .8125 and price should remain above .8065