fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for NZD Mon Nov 04, 2013 11:14 am | |
| Technical Analysis for NZD The continues to fluctuate above the key support area at the 200 and 50 days Simple moving averages, and horizontal support level. Holding above this support area around 0.8200 should keep the bullish rebound scenario valid. Support: 0.8225, 0.8200, 0.8160, 0.8130, 0.8100 Resistance: 0.8285, 0.8330, 0.8355, 0.8400, 0.8435 Recommendation Long above 0.8235, targets at 0.8270,0.8310 and 0.8350. Stop loss below 0.8185 | |
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