NZD/USD Technical Analysis (New Zealand Dollar / US Dollar) - Forex
International Business Times
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February 15, 2013 1:16 AM EST

Forextribe
Updated the:
02/14/2013
NZD/USD : Horizontal channel between 0.83 and 0.8463

Sentiment :
sentiment sur la parité AUD/USD
0,8395
sentiment sur la parité AUD/USD
0,8350
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair NZD/USD made an output this morning of its horizontal channel  0.83/0.8463 in which the pair evolved since the beginning of the year. The break of the resistance at 0.8463 ga us a new strong buy signal and release a high upside potential. On the short term, this movement made appear a bullish slant (blue line in h1).

>We continue to advise long positions as far as 0.8395 is support. This level corresponds to the medium-term bullish slant (black line). The resistance at 0.85 should be crossed quickly to allow the price to test the resistance dating from the end of August 2011 at 0.8550.

On the short term, the break of the bullish slant and a return below 0.8350 would probably lead the price for a pullback on 0.8395. If this level is broken, we will be neutral between 0.8350 and 0.8395.
Full analysis

Analysis published by Bruno, the 02/14/2013 at 08h55 GMT+2

- Complete sheet of the pair NZD/USD - Previous NZD/USD Analysis -
Chart of the pair NZD/USD - Timeframe 1H
NZD/USD Technical Analysis
Chart of the pair NZD/USD - Timeframe 4H
NZD/USD Technical Analysis
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