On the daily charts we have seen bullish momentum test the resistance level of 76.046 4 times over the period of last week, this level also coincides with my 25% fib level (75.783) hinting the bullish pressure is coming to an end, with fridays close at 75.501 with an extensive false break towards the upside leaving friday's daily range at a high of 76.605 on top...
on the daily charts we see a test of the ascending trend line from the April 2015 lows, further more to add we see this trend line intersect my 40% & 50% fibonacci cluster level at 1.63724-1.64815 price on Friday's close managed to close just shy of the 50% fib level after a false break down towards my trend line. Due to the G20 weekend this weekend NZD news will...
