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16 Mar 2015
NZD/USD: play the range – BNZ
FXStreet (Barcelona) - Pete Mason of BNZ, shares the technical outlook and key levels for NZD/USD.
Key Quotes
“The four-year low at 0.7177 survived a test last week, and remains the key line of support. From these levels, we would not get outright bearish until that level is broken.”
“Tentative resistance is forming at 0.7460.”
“ST Resistance: 0.7460 (ahead of 0.7610)”
“ST Support: 0.7180 (ahead of 0.7120)”
Key Quotes
“The four-year low at 0.7177 survived a test last week, and remains the key line of support. From these levels, we would not get outright bearish until that level is broken.”
“Tentative resistance is forming at 0.7460.”
“ST Resistance: 0.7460 (ahead of 0.7610)”
“ST Support: 0.7180 (ahead of 0.7120)”