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Wednesday, 18 July 2012

2012.07.18 11:37:36 NZD/USD intraday: consolidation.

NZD/USD intraday: consolidation.

Update on supports and resistances.
Pivot: 0.7965

Our preference: Short positions below 0.7965 with targets @ 0.7925 &
0.7895 in extension.

Alternative scenario: Above 0.7965 look for further upside with 0.799
& 0.8005 as targets.

Comment: the RSI is capped by a bearish trend line.

Key levels
0.8005
0.799
0.7965
0.79381 last
0.7925
0.7895
0.785
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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
17.07.2012 23:10 Hanging man 0.7985 Down 0.8

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