Technical analysis of NZD/USD for March 28, 2014 Trend News

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

The material has been provided by InstaForex Company - www.instaforex.com



For detail explanation and best discovery on market trends you may visit via Technical analysis of NZD/USD for March 28, 2014 . Thanks for your support on Technical analysis of NZD/USD for March 28, 2014