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Thursday, 19 July 2012

2012.07.19 05:49:14 NZD/USD intraday: the bias remains bullish.

NZD/USD intraday: the bias remains bullish.

Update on supports and resistances.
Pivot: 0.7955

Our preference: Long positions above 0.7955 with targets @ 0.803 &
0.8065 in extension.

Alternative scenario: Below 0.7955 look for further downside with
0.793 & 0.7895 as targets.

Comment: the RSI is mixed with a bullish bias.

Key levels
0.809
0.8065
0.803
0.80056 last
0.7955
0.793
0.7895


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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

16.07.2012 22:45 Up

Time Candlestick Last Opinion Invalidation
19.07.2012 00:10 Hammer 0.8 Up 0.792
17.07.2012 23:10 Hanging man 0.7985 Down 0.8

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