Wed, 28 Sep 2011 14:29:00 +0400
Export has increased by $313 mln. due to meat and foodstuffs. Import has increased by $523 mln. due to oil, petrol, power-operated cars, and equipment.
New Zealand dollar maintains correction motion towards long-term bullish trend at Forex market. The experts of the Department of Masterforex - V Trading System explain that once the currency pair has broken pivot MF, it has started forming bear impulse, which may be reversal. However, stopping at a sloping channel suggests that ascending motion within wave с(С) of Weekly level may last. The maximal point at the beggining of August – 0.8841 – will form resistance. Breaking a sloping channel may signal about the formation of reversal impulse provided that there is support of АО index. Such index can later start a correction motion or reverse a long-term tendency.
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