Daily Analysis AUD/NZD - Thursday, 26/03/2015
There is today no economic data released from the Australian economy or New Zealand
Where markets witnessed yesterday from New Zealand release trade balance, which recorded a surplus of 50 million monthly level much less than expected, which was monitored surplus by 375 million at the same level were also adjusted the previous reading numbers to back down the size of the Registrar of 56 million surplus to 33 million monthly level of the previous
Technically: still the pair is trading inside the falling wedge on Alfrem Daily, which was able to rebound from the lower limit his component reflectivity candle in early trading this week that suggest the end of the bearish wave and the beginning of an uptrend forces on private pair in case of breaching the falling trend, which represents a reduction of the upper wedge bearish also with the Davrzins positive MACD indicator is possible that the husband pay to rise to even higher 1.0430 levels first goal and if we moved to frame the four hours as in the chart below, we find that the husband standing now in front of a downtrend on Frame four hours in the case of breach of this small downward trend and closing candle 4 hours we expect the highest levels of 1.0325 achieved the first goal 1.0460 easily
Stop loss to break 1.0200 levels down
