On the 4 hour chart the upward channel is well marked, the pair is routed to its upper border, while in buying dangerous to climb because of the top of the channel could begin southern retreat, which I try to catch as MASD shows southern signal.
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On the 4 hour chart the upward channel is well marked, the pair is routed to its upper border, while in buying dangerous to climb because of the top of the channel could begin southern retreat, which I try to catch as MASD shows southern signal.
the trading rang for these days is among the major support @ zero. 8230 and also the key of resistance @ zero. 8315.
the general over short term basis is towards the upside targeting zero. 8315 way as'>in terms of space of zero. 8370.
0.8354 is a level to watch. If NZDUSD can break up this level, then the pair is likely to continue its bullish towards 0.8374, but if it remain stay under this level, it is possible that the pair will start bearish trend, and may goes to 0.8306
NZD / USD is testing resistance at 0.8347. If the resistance is broken, bullish rally is expected to continue to 0.8389 - 0.8436.
But on the other hand stochastic and 1-hour CCI shows overbought indication that the correction is likely to occur if the signal / bearish pattern confirmed before the rupture resistance.
Note the area of support in the range of 0.8279 - 0.8237 if the correction occurs to the area to seek confirmation signal / pattern as bullish buy signal.
If anything, the rebound is expected to happen to the range of 0.8305 - 0.8347.
Beware if the support at 0.8237 translucent because it would change the intraday bias to bearish bearish movement towards allowing 0.8211 - 0.8169.
The NZDUSD has headed straight up since 8170. Given the reaction at channel resistance Thursday and Friday’s inside day, there is the possibility that the advance from 8052 composes wave B of a triangle or flat that began on 9/28. That scenario is not viewed as probable as long as price is above 8170 however. A Fibonacci confluence and August 2011 high intersects with a channel at the end of December
FOREXTrading Strategy: Weakness to or below 8300 would present an opportunity to buy against 8170 for a move towards 8550 by the end of the year.
LEVELS: 8237 8267 8308 8355 8400 8472
Support: 0.8297
Pivot: 0.8337
Resistance: 0.8377
trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis For NZDUSD 80% Buy
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The pair stabilized trading NZD / USD near the level at 0.8355
While SMA 50 continues to support the price of the bottom and the rate needs to breach the 0.8355 level followed by 0.8385 to confirm the return of the general bullish trend
Break of 0.8275 would delay the proposed height and driving to visit the levels of 0.8200 and may extend to 0.8145
long positions at 0.8360 with 0.8395 and 0.8415 as next targets
the breakout of 0.8328 will call for arebound towards 0.8300
I think it is also a good currency pair for trade,it is a slow pair,this currency movement is very slow,so if you want to gain or profit in forex trade you trade long time in this pair.so please trade be careful.all ways happy.thx
Heading pair New Zealand dollar against the U.S. dollar near the summit level at the level of 0.8380, while SMA 50 continues to frame 4 hours Price supports for the rise in price today breached the 0.8355 level and the first goal towards 0.8470
Support 0.8260
Resistance 0.8450