|NZD/USD : Towards new annual highs|
--- Follow up analysis ---
>We advise to wait an exit of the range 0.8350/0.8394 to take position:
- Long in case of return above 0.8394. A new test of the resistance at 0.8461 would be expected for a fourth test (generally a sign of breakout). In extension, 0.85 would be in line of sight.
- Short if 0.8350 is broken. A return on 0.83 should then intervene at first and then in extension,0.8250 could be the next objective.
Analysis published by Bruno, the 02/07/2013 at 08h45 GMT+2
|- Complete sheet of the pair NZD/USD - Previous NZD/USD Analysis -|
|Chart of the pair NZD/USD - Timeframe 1H|
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