Trading recommendations:
- The NZD/USD pair on March 28, 2014.
- The resistance is going to set at the level of 0.8847. Also, it should be noted that the level of 0.8613 is representing a strong support.
- Consequently, the descending movement will probably be lower than the 0.8700/0.8847. level with the targets at 0.8645 and 0.8613.
- On the contrary, the support has already set at 0.8613.
- Furthermore, it should note that it will very profitable to buy above this level for retesting this level for a short period.
- Therefore, buy deals are recommended above the 0.8613 level with targets at 0.8668 and 0.8725 to reach the double top.
Intraday technical levels:
Date and Time: 28/03/2014 10:09
Pair: NZD/USD
- R3: 0.8801
- R2: 0.8743
- R1: 0.8707
- PP: 0.8649
- S1: 0.8613
- S2: 0.8555
- S3: 0.8519
