Trading recommendations:
NZD/USD:
According to the previous events, the price has still been trapped between 0.8310 and 0.8395.
- Long buying:
- Buy above 0.8295 with the first target at 0.8345, it might resume to 0.8403. (short term)
- Short selling:
- Outlook -1-: Swing trade at 0.8413 in order to sell with a traget of 0.8320.
- Outlook -2-: Below 0.8310 look for further descending movement with 0.8280 and 0.8253 as targets.
PS: it should be noted that the market will turn to bearish sentiment from the level of 0.84.
