Printable View
Fluctuating New Zealand dollar against the US dollar near the intraday ascending channel support resides at 0.7550, as long as the price is above this level, we will continue tipping upward trend for the day, waiting for a break of 0.7645 to enhance the chances of the trend towards 0.7905 areas initially.
Expected trading range for today between 0.7550 support and 0.7800 resistance range
Technically trading the New Zealand dollar against its US counterpart rebounding from 0.7736 resistance levels and continued to decline until he reached the 0.7610 support levels and that are trying to play repelled a pair, and if the pair bounced them wait penetration levels average simple movement 30 and entering with the purchase of the pair to target 0.7690 levels , either alternative scenario in case of break of that support will wait for confirmation of a broken neck line sales levels at 0.7535 and after the sale is directly until 0.7430 levels
The New Zealand dollar fell to test the limits of the bullish move formed by mid-March against the US counterpart. Settle down trend line support in the near term at 0.7593, where a break below that on the basis of the daily closing reveals the way for the 38.2% Fibonacci correction at 0.7521 .bdla of it, move Voukamtdad Fibonacci 38.2% at 0.7756 opens the door to test the 50% level at 0.7825
daily overview for Nzd-Usd
r3: 0.7786
r2: 0.7736
r1: 0.7675
s1: 0.7564
s2: 0.7514
s3: 0.7453
the pair can not break the resistance to up
so our trade for the pair is sell
Technically: - on the daily Frame pair started being reflective model, which is known as the (rising wedge), which refers to land.
As is clear Chart below in blue where the situation of breaking the bottom of his rib trend line we may see another decline
Strong support for the pair towards 0.7390, while remains a goal of any attempt to rise to 0.7740 resistance and that condition
Break breakage of the bottom of the wedge and return to rise before any new landing attempt failed.
yah do no bi kafi achay pair hain kabi kabi tu yah dono profit daytay hain kyun kay kabi kabi es ki market kafi taz hoti hay his say lagiae hoie trade profit may chali jati hay or kabi kabi loss bi hojata nay es may.
daily overview for Nzd-Usd
r3: 0.7727
r2: 0.7676
r1: 0.7609
s1: 0.7491
s2: 0.7440
s3: 0.7373
the pair broke the channel to down
so our trade for the pair is sell
Settle trades Zealand dollar against the US dollar within a narrow range since this morning without intraday broken channel support, and thus, the bearish intraday direction remains to this day, and targets start testing ground support which resides at 0.7330.
We point out that the breach of 0.7610 will pay the price to return to the bullish channel again, and attempts to restore the upside which targets start at 0.7905 then 0.8045.
Expected trading range for today between 0.7400 support and 0.7610 resistance range
Technically: it could NZD break Msuiat uptrend on Frame four hours after the fact that the pair Double Top and we expect continued more than doubled on the pair after interest statement last week in which negative came on the New Zealand dollar and we expect the pair to re breached bullish trend test and then landing to 0.7430 levels at the very least
the US Dollar mustered new found strength this week. US Jobless claims were released this week better than expected as well retail sales numbers were released today in line with expectations. Retail sales out of New Zealand are on the economic calendar for next week.