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Kiwi Dollar pair to confirm bullish continuing from this pair need several steps first step pair successfully broke above trend line but one more step not yet confirmed that pair must break above the highest barrier level at 0.8421, if pair successfully broke this barrier then became strong uptrend continuing but if fail became reversal point so buy stop above this barrier
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pair still to try break below strong barrier level 0.8243 as second step confirmation after pair successfully broke below trend line and now pair so difficult to break this and if pair successfully break below lower barrier level it become bearish continuing so better to put sell stop order below this
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Strong barrier level at 0.8243 become critical point for Kiwi to determine that pair can exit consolidation zone become bearish trend starting if pair successfully break below this lower barrier so better to put pending order sell stop below this level to prepare this
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0.8320 become critical point level for this pair to determine bearish trend starting if successfully break below this barrier so better to sell stop below this or if pair successfully break above high barrier level it become bullish continuing so better buy stop above this barrier level to anticipate this bulish scenario
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 Originally Posted by yuventius bhasyudewo se
0.8320 become critical point level for this pair to determine bearish trend starting if successfully break below this barrier so better to sell stop below this or if pair successfully break above high barrier level it become bullish continuing so better buy stop above this barrier level to anticipate this bulish scenario
Will any forex analyst ever be specific?u are not taking any side here,whether to buy or sell,just tell us where its heading not `if``....
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In Profit
I think that the pair changes the major trend since 01 march 2012 and is now in a bearish biais, today the pai tested its resistance at 0.8254 then it continue its bearish trend.
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