NZD 0.00% 1.6722 new zealand dollar

Hi nzrugby, If focus in on 23Sep14-24Jan15, can see an expanding...

  1. 11,522 Posts.
    Hi nzrugby,

    If focus in on 23Sep14-24Jan15, can see an expanding rising wedge. N/G fell thru this on 25Jan to give current ascending channel, with the first target of the wedge before yet to be reached. The feature first half 2013 looks a very long term top.

    Always on the watch for spoilers to the above scenario, eg G/U sells hard near term after this rally, and/or N/U rallying thru the 76s.

    Cheers
 
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