Daily pivot point: 0.8305.
NZD/USD "Kiwi Dollar":
Resistance: 0.8345 (sell below this level).
Support: 0.8270 (buy above this level for retesting this level for a short period).
Trading Recommendations:
Range: 66 pips (daily).
- According to the previous events, the price is still between the levels of 0.8325 and 0.8275.
- The descending movement will probably be lower than the 0.8355 level with the first targets at the 0.8300 and 0.8280 levels.
- Buy deals are recommended above the 0.8270 level with targets at the 0.8333 and 0.8350 levels.
Intraday technical levels:
Date and Time: 8/10/2013 12:11
Pair: NZD/USD
Projected High: 0.8487
Breakout (Buy Stop): 0.8432
Strong Resistance (Sell Limit): 0.8402
Current Pivot: 0.8305
Strong Support (Buy Limit): 0.8204
Breakout (Sell Stop): 0.8179
Projected Low: 0.8129
