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28.03.2014 12:11 PM
Technical analysis of NZD/USD for March 28, 2014
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Trading recommendations:

  • The NZD/USD pair on March 28, 2014.
  • The resistance is going to set at the level of 0.8847. Also, it should be noted that the level of 0.8613 is representing a strong support.
  • Consequently, the descending movement will probably be lower than the 0.8700/0.8847. level with the targets at 0.8645 and 0.8613.
  • On the contrary, the support has already set at 0.8613.
  • Furthermore, it should note that it will very profitable to buy above this level for retesting this level for a short period.
  • Therefore, buy deals are recommended above the 0.8613 level with targets at 0.8668 and 0.8725 to reach the double top.

Intraday technical levels:

Date and Time: 28/03/2014 10:09

Pair: NZD/USD

  • R3: 0.8801
  • R2: 0.8743
  • R1: 0.8707
  • PP: 0.8649
  • S1: 0.8613
  • S2: 0.8555
  • S3: 0.8519
Summary
Urgency
Analytic
Mourad El Keddani
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