Forex - Chart NZD/USD Update: Bounce see resistance at .8655/65


Published at 23:47 (GMT) 16 Apr


Chart NZD/USD Update: Bounce see resistance at .8655/65 (MFQC7001)

17 Apr NZD/USD Daily
No follow-through on the break of the .8600 level and bounce from the .8579 low see further losses on hold for now. Upside seen limited with resistance at the .8655/65 area then the .8695/00 area. Consolidation seen giving way to further slippage later to further pressure the .8600 level then .8579 low. [P.L]

R5:: .8766 27 Jul 11 high R4: .8746 * 10 Apr high
R3: .8702/10 * 1 Apr high, intraday level
R2: .8695 15 Apr high
R1: .8655/65 intraday level

S1: .8600 figure
S2: .8579 16 Apr low
S3: .8560/50 intraday level
S4: .8532 7 Apr low
S5: .8514 * 3 Apr low

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