fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for NZD  Mon Jan 20, 2014 2:18 pm | |
|  Technical Analysis for NZD The pair was under heavy pressure on Friday, as price extended the downside towards 0.8230 areas. We might see a minor pullback but the bearish bias remains favored for this week, within the context of the overall sideways range among 0.8100-0.8500 levels. Support: 0.8230, 0.8200, 0.8170, 0.8140, 0.8115 Resistance: 0.8265, 0.8295, 0.8330, 0.8355, 0.8370 Recommendation Short below 0.8275 targets at 0.8230 and 0.8150. Stop loss above 0.8330 | |
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