NZD/USD bottomed almost exactly first support at 6605/6595

Jason Sen DayTradeIdeas.co.uk

AUDUSD _ NZDUSD Spot

AUDUSD through the next target of 6970/75 as expected to target a selling opportunity at 7010/7020 with stops above 7035. Try longs at 6945/35 with stops below 6920. A break lower targets 6900/6895 then 6875.

NZDUSD bottomed almost exactly first support at 6605/6595 but shorts at 6655/65 stopped this time above 6675 to target first resistance at 6700/10. A break above 6720 is a buy signal targeting 6737/40, 6747/50 & perhaps as far as 6760/65. First support at 6665/60 but below here targets 6645/40, perhaps as far as support at 6620/15.

Author

Jason Sen

DayTradeIdeas.co.uk

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