Key level of 0.73 broken on 8-10-17
Strong Resistance @ 0.75 level
Firm break of 0.75 can signal Bullish trend takes control in longer term.
Firm break of 0.72 level signals possible downward trend to 0.70 level.
Firm break of 0.70 signals to 0.68 level.
High volatility with this pair due to NZD Commodity Market and USD Federal Reserve interest rate decision
Best trade strategy: Buy/Sell small positions @ dips
Volatility looks to remain high for week ahead
Personal analysis only. Please use your own rules and strategies prior to entering market.
Strong Resistance @ 0.75 level
Firm break of 0.75 can signal Bullish trend takes control in longer term.
Firm break of 0.72 level signals possible downward trend to 0.70 level.
Firm break of 0.70 signals to 0.68 level.
High volatility with this pair due to NZD Commodity Market and USD Federal Reserve interest rate decision
Best trade strategy: Buy/Sell small positions @ dips
Volatility looks to remain high for week ahead
Personal analysis only. Please use your own rules and strategies prior to entering market.