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January 2, 2013 2:23 PM GMT

Forextribe
Updated the:
01/02/2013
NZD/USD : Towards a new test of annual highs

Sentiment :
sentiment sur la parité AUD/USD
0,83
sentiment sur la parité AUD/USD
0,8250
sentiment sur la parité AUD/USD

--- New analysis ---
The year 2013 started on a bullish gap after an agreement during the night of New Year's Eve to avoid the fiscall cliff in the United States. Subsequently, a powerful rally occurred and the price is currently making a pullback on the support at 0.8350.

>We now recommend to trade only long positions as far as 0.83 is support. The break of 0.8406 will give a new buy signal and should allow the price to reach its annual highs rally done on February and mid December towards 0.8467.

In case of return below 0.83, we will be neutral between this level and 0.8250. This level is a major support level and corresponds to the bullish gap.

Analysis published by Bruno, the 01/02/2013 at 08h55 GMT+2

Full analysis

- Complete sheet of the pair NZD/USD - Previous NZD/USD Analysis -
Chart of the pair NZD/USD - Timeframe 4H
NZD/USD Technical Analysis
Chart of the pair NZD/USD - Timeframe 1H
NZD/USD Technical Analysis
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