NZDUSD Weekly Technical Analysis (23-27 March,2015) | March 22, 2015

Nzdusd is near to its critical resistance area. 0.7600-.07610 level is very important for this pair. This pair has tested this level for several times. This pair is now staying on this level. So we need to be careful about this resistance. If we get bearish candle from this resistance, then we need to open sell entry on this pair. On the other hand, if this pair break this resistance, then recent bullish movement can continue upto 0.7800 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7791

Resistance One (R1): 0.7676

Pivot Point: 0.7474

Support One (S1): 0.7359

Support Two (S2): 0.7157