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I am on this currency pair. I entered from 0.7447 and i am looking at exit target around 0.7474. As you can decipher on your own , I am bullish on this pair. I see it going even higher than that but my trading strategy allows me to take my exit at the 0.7474 only.
NZDUSD is Bullish today
Price is currently testing resistance at 0.7503
As a trading strategy, chances sell at the level 0.7503
with potential targets to the range 0.7523 - 0.7553
analysis for today 1 / 28 / 2015
NZDUSD
Resistance : R1 0.7498 R2 0.7523 R3 0.7543 R4 0.7573
Support : S1 0.7405 S2 0.7380 S3 0.7360 S4 0.7330
Open : 0.7452
High : 0.7480
Low : 0.7423
Range : 0.0057 Pips
Running Price : 0.7460
Strategy : BUY at the level 0.7460 stop loss at the level 0.7405 target take profit at the level 0.7543 or at the level 0.7573
Daily Forecast
Pair: NZDUSD
Major Trend: Bearish
Time Frame: Daily
Reason: As predicted earlier, the price turned out to choose a correction to the weekly pivot point (0.7530), before meeruskan area to support the first weekly in the price of 0.7256
Recommendation: Buy now with a target of 0.7525
I think that we can get in long position from the support level at 0.7442 with take profit at 0.7911.
http://i.imgur.com/p1noZQ8.png
Daily Forecast
Pair: NZDUSD
Major Trend: Bearish
Time Frame: Daily
Reason: It turns out that the price broke the support area at the price of 0.7405, is likely to be a correction to the area. However, pviot point was under her, namely in the price of 0.7374. Predicted market will only correction to the daily pivot point.
Recommendation: Sell Limit at 0.7374
nzd usd is strong enough to down... but when iam open it i will wait in pulback area.. in timeframe hourly, moving average weekly and daily are same down its mean nzdusd is strong down trend
NZDUSD is bearish today
Price is currently testing support at 0.7246
As a trading strategy, chances sell at the level 0.7246
with potential targets to the range 0.7226 - 0.7196
analysis for today 1 / 29 / 2015
NZDUSD
Resistance : R1 0.7362 R2 0.7387 R3 0.7407 R4 0.7437
Support : S1 0.7251 S2 0.7226 S3 0.7206 S4 0.7176
Open : 0.7322
High : 0.7326
Low : 0.7287
Range : 0.0039 Pips
Running Price : 0.7308
Strategy : SELL at the level 0.7308 stop loss at the level 0.7362 target take profit at the level 0.7206 or at the level 0.7176
NZDUSD: under pressure after the Bank of Japan meeting
NZDUSD
Jan. 29, 2015, 09:22
Sell on a level breakthrough of 0.7290 with 0.7225 target. Stop loss = 0.7340.
Reason for the trading strategy
The Reserve Bank of New Zealand has kept its benchmark interest rate unchanged at 3.5%, as expected. The director of RBNZ Wheeler expects that the rate will remain unchanged for quite some time. However, Wheeler said that the New Zealand dollar is high and unstable. These news is negative for the Kiwi. Note that the December statistics on New Zealand's trade balance does not add optimism to buyers of the Kiwi.
NZDUSD, H4
https://www.exness.com/media/media/2015/01/29/3_1.png
Spoiler: