Trading recommendations:
NZD/USD:
According to the previous events, the price has still been trapped between 0.8055 and 0.7995.
Long buying: Buy above 0.7850 with the first target of 0.7963, it might resume to 0.8085.
Short selling: Swing trade at 0.8100 in order to sell with a traget of 0.7950 then it will continue towards 1.7860.
Intraday technical levels:
Date: 30/07/2013
Pair: NZD/USD
Projected High: 0.8260
Breakout (Buy Stop): 0.8205
Strong Resistance (Sell Limit): 0.8175
Current Pivot: 0.8052
Strong Support (Buy Limit): 0.7929
Breakout (Sell Stop): 0.7904
Projected Low: 0.7854
PS: It should be noted that the market will be called for bearish market from the level of 0.8100.
