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 Technical Analysis for NZD

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fxpulsation



Posts : 8759
Join date : 2012-01-25

PostSubject: Technical Analysis for NZD   Thu Mar 06, 2014 10:31 am



Technical Analysis for NZD

NZDUSD pushes higher, has tentatively broken the main resistance at 0.8430, however we still need more stability above the latter to confirm a move higher. The overall bullish bias remains dominant, but we prefer to wait for confirmation, targeting the main swing high and major resistance level at 0.8443.

Support: 0.8385, 0.8340, 0.8315, 0.8290, 0.8250
Resistance: 0.8430, 0.8450, 0.8480, 0.8500, 0.8540
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