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 Technical Analysis for NZD

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fxpulsation




Posts : 8759
Join date : 2012-01-25

Technical Analysis for  NZD Empty
PostSubject: Technical Analysis for NZD   Technical Analysis for  NZD Icon_minitimeThu Jan 23, 2014 1:35 pm

Technical Analysis for  NZD Instaforex_mb_760x151_en

Technical Analysis for NZD

NZDUSD maintains the sharp fluctuations, swinging in a sideways bias as price was rejected yesterday at 0.8330 resistance level. Meanwhile, we see a strong rebound this morning. We might see renewed downside bias as long as below 0.8330 level, but we prefer to wait for further confirmation signs.

Support: 0.8265, 0.8230, 0.8200, 0.8170, 0.8150
Resistance: 0.8300, 0.8330, 0.8355, 0.8370, 0.8400

Recommendation Neutral
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