fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for NZD Tue Jan 21, 2014 1:31 pm | |
| Technical Analysis for NZD NZDUSD rebounded strongly yesterday, after testing 0.8210-0.8215 support level at the 38.2 retracement level for 0.7682-0.8543 wave. The strong rebound threatens for further upside, however as long as below 0.8415 main resistance level, the upside seen limited. We move to the sidelines for now awaiting confirmation. Support: 0.8295, 0.8265, 0.8230, 0.8200, 0.8170 Resistance: 0.8330, 0.8355, 0.8370, 0.8400, 0.8420 | |
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