Monday, 12 August 2013

Techhnical Analysis For NZD

The price maintains the bullish rebound, approaching the top of the sideways range at 0.8100-0.8135. A break above this key resistance may confirm a major bottom and signal a bullish rebound. For now, the sideways range continues to be intact.

Support: 0.8010, 0.7965, 0.7930, 0.7900, 0.7860
Resistance: 0.8050, 0.8100, 0.8135, 0.8200, 0.8300

Recommendation Neutral

IMOH, Clement I.
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