FxWirePro
Long

NZD/USD unable to break major support 0.7600, jump till 0.7780 i

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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RES 4: 0.7890

RES 3: 0.7850

RES 2: 0.778

RES 1: 0.7711

PRICE:0.7638 (12:48 GMT )

SUP 1: 0.7640 (Tenken-Sen)

SUP 2: 0.7610 (20 day 4HMA)

SUP 3: 0.75475

SUP 4: 0.7479 (200 day 4 Hour EMA )

Commentary

NZD/USD has retreated after making a high of 0.7690. Overall trend is till bullish as long as support 0.7600 holds.
Any break of major resistance 0.7715 would extend gains till 0.7780.

It is good to buy around 0.7650 (10 day 4HMA) for the target of 0.7780 in short term.



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