fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for NZD  Thu Aug 15, 2013 10:34 am | |
|  Technical Analysis for NZD The pair extended the bullish rebound after testing 0.7930 support level, approaching the top of the sideway range at 0.8100-0.8135 area, accordingly, the bullish scenario remains favored, where a break above 0.8135 may confirm a major bullish reversal. Support: 0.8050, 0.8005, 0.7980, 0.7930, 0.7880 Resistance: 0.8100, 0.8135, 0.8165, 0.8200, 0.8270 Recommendation Long above 0.8040 targets at 0.8100 and 0.8135 Invalidation below 0.8000 | |
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