The Kiwi did fall after the last post, and it fell to a spot where it has recently found support and resistance. Again the NZD/USD found support at the 0.7680 zone. On the chart you can see where the pair has found support (shaded in blue) and resistance (shaded in red) over and over again at the 0.7680 level. It is amazing, isn’t it? The market has a memory!
Walter
How far back should I start from? As a youngin', I used to go to birthdays, just about every weekend as a magician. This went on for about 11 years, then I retired from magic at age 21. I became a Psychologist and helped insurance companies choose the jury for high stakes cases. That was interesting, but not so much fun. Then I found forex. This is fun. I would be happy to show you how I trade for a living. Spend time on this forum, there is a wealth of information here for you. I am here to help as well as many of my trading buddies from around the globe. Happy Trading! Trading, talking about trading, traveling and surfing!
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