NZD/USD: weekly technical levels for May 20 — 24, 2013
May 20, 2013 12:45 pm
Trading recommendations:
According to the previous events the price is expected to remain between 0.8160 and 0.8111 levels.
Buy-deals are recommended above 0.8000 (strong support) with the first target seen at 0.8120. The movement is likely to resume to the point 0.8180 and further to the point 0.8230.
The descending movement is likely to begin from the level 0.8235 (strong resistance) with 0.8150 and 0.8025 seen as targets.
The material has been provided by InstaForex Company – www.instaforex.com
The material has been provided by InstaForex Company – www.instaforex.com
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