According to the previous events the price is expected to remain between 0.8480 and 0.8433 levels.
Buy-deals are recommended above 0.8380 (strong support) with the first target seen at 0.8420 The movement is likely to resume to the point 0.8488 and further to the point 0.8525.
The descending movement is likely to begin from the level 0.8530 (strong resistance) with 0.8470 and 0.8390 seen as targets.
Observations:
Range: 101pips
0.8541: strong resistance, then sellers asking for a high price.
0.8380: strong support, then buyers bidding at a lower price.
Intraday technical levels:
Date & Time9/05/2013 13:57
R3: 0,8601
R2: 0,8541
R1: 0,8500
PP: 0,8440
S1: 0,8399
S2: 0,8339
S3: 0,8298
If you have any questions or requests, please feel free to contact me: [email protected].
The material has been provided by InstaForex Company – www.instaforex.com
The view for NZD/USD is intact.
Trading recommendations:
According to the previous events the price is expected to remain between 0.8480 and 0.8433 levels.
Observations:
Intraday technical levels:
Date & Time9/05/2013 13:57
If you have any questions or requests, please feel free to contact me: [email protected].
The material has been provided by InstaForex Company – www.instaforex.com
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