16 Feb 2015
NZD/USD bullish above 0.7480 – Vladimir Mihaylov
FXStreet (Barcelona) - Independent Analyst, Vladimir Mihaylov, shares the technical outlook for NZD/USD, expecting the pair to remain bid above the supports at 0.7480 and 0.7465.
Key Quotes
“NZD has started week wit a gap to the upside.”
“The price accelerates but the first resistance is pretty close at 0.7530, followed by the 0.7590. Only a daily close above the second may open the way to 0.7800 area, but for now we have to deal with the first 2 resistances.”
“Support levels are 0.7480 and 0.7465.”
“Above these two we are bullish. Below the second it is better to exit longs and to take a rest for a while.”
Key Quotes
“NZD has started week wit a gap to the upside.”
“The price accelerates but the first resistance is pretty close at 0.7530, followed by the 0.7590. Only a daily close above the second may open the way to 0.7800 area, but for now we have to deal with the first 2 resistances.”
“Support levels are 0.7480 and 0.7465.”
“Above these two we are bullish. Below the second it is better to exit longs and to take a rest for a while.”