NZD/USD Technical Analysis (New Zealand Dollar / US Dollar)
February 1, 2013 2:00 AM EST
|NZD/USD : New medium term bearish channel|
--- New analysis ---
We therefore recommend to trade only short positions as far as 0.8393 is resistance. A return below 0.8350 would reinforce our bearish sentiment. The break of 0.83 will give a new sell signal and allow the price to test the next support at 0.8250.
In case of return above 0.8393, an output of the channel will be validated. A buy signal will be given.
Analysis published by Bruno, the 01/31/2013 at 09h15 GMT+2
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