Trading recommendations:
- NZD/USD: According to the previous events, the price has still been trapped between 0.8390 and 0.8355.
- Buying: Buy above 0.8335 with the first target of 0.8365, it might resume to 0.84.
- Selling: Swing trade at 0.8403 in order to sell with a traget of 0.8373 then it will continue towards 0.8340, if could break the weekly support then the market is going towards 0.83.
- Range: 100 pips for November 7, 2013.
Intraday technical levels:
Date: 7/11/2013
Pair: NZD/USD
- Projected High: 0.8541
- Breakout (Buy Stop): 0.8486
- Strong Resistance (Sell Limit): 0.8456
- Current Pivot: 0.8377
- Strong Support (Buy Limit): 0.8297
- Breakout (Sell Stop): 0.8272
- Projected Low: 0.8222
