Main Quotes Calendar Forum
flag

FX.co ★ Technical analysis and trading recommendations for the NZD / USD currency pair as of February 1, 2018

parent
Forex Analysis:::2018-02-01T07:02:59

Technical analysis and trading recommendations for the NZD / USD currency pair as of February 1, 2018

The NZD / USD currency pair once again felt resistance near the level of 0.7430, where the "bears" successfully returned to the market. Now, we see how the quotation returned to the periodic level of 0.7340, slowing down the movement. It is likely that the "bearish" interest will remain, where, after a slight stagnation of 0.7340 / 0.7380, the quotation will try to lock below 0.7340, opening the way to 0.7300 / 0.7280.

Key Levels

Resistance zones: 0.7430; 0.7550.

Support zones: 0.7340 *; 0.7230;

* Periodic level

Technical analysis and trading recommendations for the NZD / USD currency pair as of February 1, 2018

Attention: Forecasts are not a direct guide to action!

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...