NZD/USD Morning Technical Report 21/1/2014
ecPulse
2014-01-21 08:17AM UTC
NZDUSD rebounded strongly yesterday, after testing 0.8210-0.8215 support level at the 38.2 retracement level for 0.7682-0.8543 wave. The strong rebound threatens for further upside, however as long as below 0.8415 main resistance level, the upside seen limited. We move to the sidelines for now awaiting confirmation.
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