Monday 29 February 2016


NZDUSD Daily Technical Analysis

The pair broke the uptrend marked by Red trendline marked R with a gap. It is now congesting with  the potential to continue down wards. The down side will be confirmed by break close below  the 0.65591 support zone of the daily candle marked by E  The first large support zone is around 0.64340 marked by Z. The larger target will be around 0.62274 marked by horizontal line marked X.




No comments:

Post a Comment