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 Technical Analysis for NZD

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fxpulsation




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Technical Analysis for NZD Empty
PostSubject: Technical Analysis for NZD   Technical Analysis for NZD Icon_minitimeWed Sep 04, 2013 10:16 am

Technical Analysis for NZD Instaforex_mb_760x151_en

Technical Analysis for NZD

The price maintains the fluctuating stance, trading around the same levels since yesterday, while RSI maintains its bullish bias. Overall, the bullish bias remains slightly favored, and a break above 0.7835 is necessary to accelerate the bullish momentum.

Support: 0.7795, 0.7775, 0.7735, 0.7700, 0.7680
Resistance: 0.7840, 0.7870, 0.7900, 0.7930, 0.7990

Recommendation Long above 0.7790, targets at 0.7835 and 0.7870. Invalidation below 0.7735
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