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Daily overview for NzdUsd, The price is finding the first support at 0.6625 and the next support is at 0.6600 The price is finding the first resistance at 0.6670 and the next resistance is at 0.6692 I predict price will be continued flying today. The first target is the level 0.6684 After fixing below the first target, then price will go to the level of 0.6714 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Buy ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
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nzd/usd Technical analysis:
Level of Support
1-Support 0.6709
2-Support 0.6686
3-Support 0.6678
Level of Resistance
1-Resistance 0.6727
2-Resistance 0.6730
3-Resistance 0.6743
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Pivot points
Support level one 0.6659
Support level two 0.6642
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Support level three 0.6629
Resistance level one 0.6689
Resistance level two 0.6702
Resistance level three 0.6719
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uprising momentum is still in the begining stage.......nfp tonite will be the turning point for this pair ......if it can continue the momentum then the bullish side will move this pair to another high, if not we may see a
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NZD/USD pair attempted to rally during the Tuesday session, only to fall and form a shooting star. This of course is a very bearish signal considering that it happened at the 0.81 handle, and as such it looks like we may fall back down to the 0.80 level to look for support. We think that at that area there should be a reasonable attempt to support the pair.
However, it should be kept in mind that the Federal Reserve meets later today and the jobs number comes out on Friday. Not to mention the fact that there is an ECB meeting on Thursday, there is plenty that could move the Kiwi dollar. This will all be based upon interest rate expectations, and if the Fed it does very little, it could push this pair back down. Overall, we think that we are in consolidation between the 0.81 and 0.78, and will trade this pair like that in till we break out to the upside or down to the downside.
Commodity markets will have to be watched, but it should be noted that several of them fell during the session on Tuesday as traders prepared for the central bank onslaught that is coming. The fact that we close the day with a perfect shooting star does make this pair look especially vulnerable at this moment in time, and as such we would not be comfortable being long at this point in time.
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To-day nzd/usd Resistance & Support
Resistance level
1 Resistance level 0.6756
2 Resistance level 0.6768
3 Resistance level 0.6775
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Support level
1 Support level 0.6679
2 Support level 0.6650
3 Support level 0.6638
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G dear nzd usd pair tu tama pair say best pair hai or kafi log us pair ko like bhe karta hai or acha profit bhe kama na ma acha musoosh karta hai us leay huma us ma sahi work bhe hum sirf forex ma he kar sakhta hai jesa huma acha profit huma mil sakhta hai
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nzd/usd Resistance & Support
Resistance
1 Resistance 0.6657
2 Resistance 0.6662
3 Resistance 0.6698
Support
1 Support 0.6549
2 Support 0.6536
3 Support 0.6510
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NZD/USD
Resistance and Supporting
Resistance 1 - 0.6750
Resistance 2 - 0.6734
Resistance 3 - 0.6705
Supporting 1 - 0.6697
Supporting 2 - 0.6686
Supporting 3 - 0.6658
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PIVOT POINT ;0.6658
Support 1;0.6631
Support 2;0.6608
Support 3;0.6588
Resistance 1;0.6680
Resistance 2;0.6707
Resistance 3:0.6728