CHART SCALE: Weekly


INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope


RESISTANCE LEVELS: 0.7299


SUPPORT LEVELS : 0.68295


PAIR ANALYSIS :


The Kiwi pattern is in a slightly bullish tendency within a triangle as indicated in fig 2. This currency pair has been trendless dominated with support and resistance line opportunities . The commodities behavior could suggest a slightly bullish tendency for the pair. The fig 1 shows a Linear Regression Slope at - 0.001 that suggest the slightness of the bearish trend supporting also the suggestion for a trendless zone around 0.7 zone value. The Parabolic Sar distribution could support the slightly bullish tendency. A bullish crossing at 0.7299 could facilitate a NZD domination. The forecast can be evaluated at 0.70002.


FIGURE 1 shows the trendlines.




FIGURE 2 indicates the tendency objective

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