Trade Alerts, Trend Reports and Opinions by FX Options
New Zealand dollar: the downside prevails.
January 24, 2011 at 12:49 am • Posted in Daily Trend Report
New Zealand Dollar
| Pivot: 136.15 |
| Our Scenario: Short positions below 136.15 with targets @ 125.65 & 121.3 in extension. |
| Alternative Scenario: Above 136.15 look for further upside with 143 & 146.5 as targets. |
| Comment: the RSI is mixed with a bearish bias. |
| Option Strategy |
| Option ST |
-1 |
| Delta ST |
0 |
| opinion MT |
0 |
| Delta MT |
0 |
| Chart Levels |
| Resistance1 |
136.15 |
| Resistance2 |
143 |
| Resistance3 |
146.5 |
| Support1 |
125.65 |
| Support2 |
121.3 |
| Support3 |
117.5 |
