the price is a strong medium Bychin trends on the hourly chart the trend line is clearly visible that the course is very good feel, the course has just approached her, and likely to discourage him.
Thread: Nzd/Usd
the price is a strong medium Bychin trends on the hourly chart the trend line is clearly visible that the course is very good feel, the course has just approached her, and likely to discourage him.
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The pair have set up the shows. Many a time of AUS of the session was not until the press release. AUS and NZD currencies are a little bit.
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Expected to be a trading range for this week between the level of support 0.7765 and resistance at 0.8220
Short term trend is bearish targeting 0.7365 and Za in the daily closing level without constant 0.8100
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Judging from the 4 hour chart the pair is trading in the hallway at 150 n ... now reached the northern border, so it is possible to expect a rollback to the southern border, the more you can put small feet per level ....
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NZD pair today demonstrated a retreat from the top of the Ichimoku cloud, and continues to fall toward the lower limit, but I think that it will be punched, then the goal may well be the level of 7850
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Pair shows the New Zealand dollar against the U.S. dollar bearish miles since morning, according to the proposed scenario, where the price is moving gradually towards the level of bearish confirmation form referred to at 0.7870 am
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In general, the overall trend bearish scenario remains in place and likely unless we get a breakthrough and steady above 0.8000
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Expected trading range for this week between: Support and resistance 0.7650 0.8100
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General tendency is expected for this week: bearish
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price after the breakdown of the oblique resistance level did not keep their positions, and again went below it, the bulls have lost their strength, and can be expected to continue forming a bearish wave to the level of 7865.
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The possibility of the pair will try to break the daily pivot (0.7939). If it works then it is likely NZDUSD will fall to the 0.7913 level, but if it fails, the pair is likely to rise towards the 0.8016 level.
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