NZDUSD is waiting for test level 0.7330 initially, which represents breaking along the key downside wave towards 0.6860, while the bearish trend will remain in place unless the breach of 0.7610 and stability above it.
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NZDUSD is waiting for test level 0.7330 initially, which represents breaking along the key downside wave towards 0.6860, while the bearish trend will remain in place unless the breach of 0.7610 and stability above it.
pair- nzd/usd
time frame analysis- m30
http://i59.tinypic.com/2v9r76p.jpg
the price is moving in the channel pattern with having support at 0.7425 and resistance at the 0.7460 level. the stoch indicator is showing overbought so its down movement can expected. short with profit target at 0.7400 and stop loss at 0.7450
good luck
Technically: Connect the pair NZD to first Msthdvatna at 0.7430 levels and we expect today to withstand resistance 0.7425 before landing on the pair in the light of the strong data from the US economy, which Ntoukaa negative will not be able Federal Reserve Add functions higher than the 200 000 jobs which can cause weakness to the dollar in the coming period, including the main couples rise against the US dollar and the New Zealand dollar rises pair to the next support levels at 0.7610 levels, who also represents retest uptrend broken
In the case of breaking the support 0.7425 and close below candle 4 hours we expect to soon reach Msthdvina second landing at 0.7300
New Zealand dollar against the US dollar shows a narrow trading since morning stable around the level of 0.7440, and therefore, does not change the scenario suggested bearish direction for today, which depends on the stability of trading below the level of 0.7620, while its key targets start at 0.7330 and extends to 0.6860 after break the previous level.
Expected trading range for today between 0.7300 support and 0.7550 resistance range
nzd me economics kaafi weak aaye hai,enka milk payout,inflation sabb pehle se down hua hai aur ab socha ja raha hai interest rate cut karne ke baarein me sliye esme abhi kuch clear trend ka pata nahi chal raha hai..
I think that this is a good opportuity to get in long position from the support level at 0.7419 with take profit at 0.9629.
http://img.prntscr.com/img?url=http:...om/dMWZQT4.png
Yai pair kafi sahe hai is pr itnaove nhi hota hai hum easyly is pair pr apni trade ko active kr sakty han aur in pairs mai loss hony ka dar bhi kam he hota hai is leyay bas kuch he analyse ki need hoti hai ap ko then ap achea tarah work kr sakty hain...
Technically: - always on the daily Frame as the pair broke earlier this month reflexive Wedge model which supports the landing.
This day and the pair has dropped holster hundred points so far to succeed in breaching the support area located between about price
0.7420 - 0.7390 and almost associated with Vebo 61 strong, so I think that the situation remained the lowest trading
This area and closed the day and down the candle, then the pair will be eligible for further decline towards next support
Prices around 0.7270 and break the recent leads to the next support around 0.7180 almost
NZDUSD pair has some bearish trend expectations , and we are waiting Visit level 0.7330 initially recall that the downward tendency is expected to continue depends on the stability of trading below the level of 0.7610.
Daily Forecast
Major Trend: Bearish
Time Frame: Daily
Reason: There may be a huge reversal because the market has been out of Bollinger. And also there is a gap at the opening this week at 0.7505
Recommendation: Buy
Spoiler: