Technical analysis of NZD/USD for June 16, 2017 888011000 110888 NZD/USD is anticipated to trade with a bullish predisposition above 0.7185. The set is holding strongly above its essential assistance at 1.3225, and might post some consolidations before an additional advance. The process of greater highs and lows stays undamaged on the prices, which need to confirm a positive outlook. Besides, the relative strength index does not have down momentum.Hence, as long as 0.715 is not broken, try to find a restricted consolidation before a new rise to 0.7280and 0.7300 in extension. Method: BUY at dips, Stop Loss: 0.7185, Take Revenue: 0.7280 Chart Explanation: The black line shows the pivot point; today rate above pivot point shows the bullish position and below pivot points indicate the brief position. The red lines reveal the support levels and the green line shows the resistance levels. These levels can be utilized to go into and exit trades.Resistance levels: 0.7280, 0.7300, and 0.7345 Support levels: 0.7160, 0.7125, and 0.7100 The material has actually been offered by InstaForex

By | June 16, 2017

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