NZD/USD Technical Analysis
(New Zealand Dollar / US Dollar)

nzdusd
gbpusd


Updated the:
04/16/2014
NZD/USD : Is the major support at 0.85 will stand ?

Sentiment :
sentiment sur la parité AUD/USD
0,8640
sentiment sur la parité AUD/USD
0,8640
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair NZD/USD has validated yesterday an output of its short term descending triangle (blue line) by breaking the support at 0.8640. The movement has continued during the night and the rally has stopped its bearish movement below the support at 0.86. This morning, the price is stabilized below this level.

We now advise to trade only short positions (sell) as far as 0.8640 is resistance. The breakout of 0.8564 will give a new sell signal and should allow the price to test again the major support at 0.8520.

In case of return above 0.8640 (breakout of the short term slant), a buy signal will be given. We will then advise to trade only long positions (buy) to target a return on 0.87.

Full analysis

Analysis published by Bruno Dupray, the 04/16/2014 at 08h55 GMT+2


Chart of the pair NZD/USD - Timeframe 1H
NZD/USD Technical Analysis

Chart of the pair NZD/USD - Timeframe 4H
NZD/USD Technical Analysis

Live NZD/USD Chart - Timeframe : 1H*
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