fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for NZD  Thu Feb 13, 2014 11:37 am | |
|  Technical Analysis for NZD NZDUSD was rejected at 0.8330 resistance yesterday to close the trading session lower, forming a major long-legged doji candle and thus hints major indecision. Accordingly, we prefer to move to the sidelines for now, awaiting a clearer trading signal. A break below 0.8300 level may signal further downside pressures. Support: 0.8315, 0.8290, 0.8250, 0.8200, 0.8160 Resistance: 0.8340, 0.8370, 0.8400, 0.8430, 0.8450 Recommendation Neutral | |
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