ELLIOT WAVE ANALYSIS (03 SEPT 2007) #2

NZD/USD

Current Situation

1) NZDUSD must retrace 100% from its previous downtrend move. A break of 0.7100 will bring this pair to 0.7170.

2) If that happen, it will be a bullish sign for NZD.

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To Our Success,

Elite Bisnes Team