Trading recommendations:
- NZD/USD: According to the previous events, the price has still been trapped between 0.8200 and 0.8255.
- Buying: Buy above 0.8195 with the first target of 0.8260, it might resume to 0.83.
- Selling: Swing trade at 0.8303 in order to sell with a traget of 0.8270 then it will continue towards 0.8200, if could break the weekly support(0.8195) then the market is going towards 0.8150.
- Range: 75 pips for November 12, 2013.
Intraday technical levels:
Date: 12/11/2013
Pair: NZD/USD
- Projected High: 0.8404
- Breakout (Buy Stop): 0.8349
- Strong Resistance (Sell Limit): 0.8319
- Current Pivot: 0.8232
- Strong Support (Buy Limit): 0.8145
- Breakout (Sell Stop): 0.8120
- Projected Low: 0.8070
