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Thursday, 19 July 2012

2012.07.18 20:47:44 NZD/USD intraday: the bias remains bullish.

NZD/USD intraday: the bias remains bullish.

Update on supports and resistances.
Pivot: 0.793

Our preference: Long positions above 0.793 with targets @ 0.8005 &
0.803 in extension.

Alternative scenario: Below 0.793 look for further downside with
0.7895 & 0.786 as targets.

Comment: the RSI broke above a bearish trend line.

Key levels
0.8065
0.803
0.8005
0.799 last
0.793
0.7895
0.786


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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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