Overview:
- The support of the NZD/USD pair is going to set at the level of 0.8660 on April 10, 2014. Also, he level of 0.8660 is representing the key level of the NZD/USD pair this week. Moreover, the market is still calling in uptrend since June 2013. Thereupon, the resistance became the strong support. Consequently, the ascending movement will probably be higher than the 0.8863 level with the targets at 0.8720 and 0.8843 in the long term. The level of 0.8843 is the highest price. Accordingly, the pair is going to form the first double top in the weekly chart.
- On the contrary, the resistance will be formed at the level of 0.8840. Furthermore, it will be very profitable to sell below this level for retesting this level in the short period. Therefore, sell deals are recommended below the 0.8840 level with targets at 0.8800 and 0.8763; in the coming days.
