NZDUSD
NZDUSD 17 October
17 Oct 2017 02:00 PM |We can notice a negative divergence on RSI, and the pair currently facing a support level at 0.7155, with breaking this level we expect further selling pressure targeting 0.7115. Current resistance would be at the upper line of sideways channel at 0.72.
NZDUSD 5 September
5 Sep 2017 12:43 PM |We expect further decline after the pair stabilized below the neck line of the head and shoulder pattern, targeting levels of 0.7050 then 0.6870. current resistance would be at 0.7230.
NZDUSD 29 August
29 Aug 2017 03:55 PM |The pair rose after bouncing higher from the neckline of a head and shoulder pattern on the daily chart, current resistance would be at 0.7335, if prices exceeded it our negative outlook turns to a positive targeting 0.7550/75. Or with breaking the neckline, we would see prices targeting 0.69.
NZDUSD 23 August
23 Aug 2017 11:54 AM |The pair is facing an important support at 0.7220/0.7200, breaking this area would continue decline targeting 0.7050.
NZDUSD 4 August
4 Aug 2017 11:27 AM |We can notice that an inverted head & shoulder pattern is forming, breaking the neck line at 0.7450 would send prices higher targeting 0.7511. current support would be 0.7420/0.74.
NZDUSD 2 August
2 Aug 2017 03:38 PM |The pair managed to break the support level we have mentioned about it yesterday at 0.7466, and it continued to decline and approaching level of 0.74 as we mentioned. We expect prices to bounce higher for testing 0.7460 and then back to 0.74 again then 0.7330.
NZDUSD 1 August
1 Aug 2017 02:58 PM |The pair is approaching a support level at 0.7466m we expect further decline with the break of this level targeting 0.74. current resistance would be at 0.7525, exceeding it would send prices higher to 0.7555/75.
NZDUSD 31 July
31 Jul 2017 05:02 PM |Currently the pair is facing a support level at 0.7480, if it succeeded to bounce higher from this level, we would see prices reaching resistance at 0.7522/60. Breaking this support would send prices down to 0.7460/00
NZDUSD 27 July
27 Jul 2017 11:37 AM |The pair managed to breakthrough a resistance level at 0.7485, the highest peak since September 2016, beside breaking through the upper line of an ascending channel, so we expect prices to target 0.7740. it would test support level at 0.75 before continuing rising.
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