NZD/USD:
Resistance: 0.7960 (sell below this level).
Support: 0.7684 (buy above this level for retesting this level for a short period).
Double bottom will set at the level of 0.7684.
Trend: upward (the trend still calls for a bullish market).
Range: 120 pips (weekly).
Trading recommendations:
- According to the previous events, the price is still between the levels of 0.7865 and 0.7780
- The descending movement will probably be lower than the 0.7960 level with the first targets at 0.7800 and 0.7750.
- Buy deals are recommended above 0.7684 with targets at 0.7855 and 0.7910.
