17 Feb 2015
NZD/USD scope for 0.7600? – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team gives the technical outlook for NZD/USD, expecting a break above 0.7528 to pave way for 0.7600 levels.
Key Quotes
“Settling back from the .7528 high which corrected approx 50% of the Jan/Feb down-leg from .7890 high.”
“Dips see first support starting at .7470 then the .7449/45 recent highs. Would take break of the latter to swing focus lower back to the .7400 level.”
“Lift over .7528 will see scope to the .7600 level.”
Key Quotes
“Settling back from the .7528 high which corrected approx 50% of the Jan/Feb down-leg from .7890 high.”
“Dips see first support starting at .7470 then the .7449/45 recent highs. Would take break of the latter to swing focus lower back to the .7400 level.”
“Lift over .7528 will see scope to the .7600 level.”