downtrend over?

[mrsym0r]

the last 24 hours have shown strong resistance at fibo 38.2 & 50



I believe the downtrend has reached its low, and the kiwi will continue to rise as we come close to the world investment forum & IMF/World Bank spring meeting at 12:00PM +12GMT. Does anyone else share my view?

[bobmaninc]

My overall bias on the Aussie and Kiwi is short as both monthly charts are due for corrections. Thats over the long term for the short term yes I do see a rise in price before any sustained moves to the down side even come in play.

[omniwired]

thanks for clearing the things a little I was starting to be a little worried.