DAILY NZD/USD OUTLOOK - 0.7819
15 Jul 2013 05:21GMT
Kiwi’s rebound fm Fri’s low at 0.7753 suggests
choppy trading abv Jun’s 11-month low at 0.7683 wud
continue but res 0.7970 shud hold n yield retreat.
Buy at 0.7790 for 0.7870 or sell if nzd rises to
0.7985 1st for 0.7905. Below 0.7753 yields 0.7700.
STRATEGY : ‘See text’
OBJECTIVE : ‘See text’
STOP-LOSS : 50 points
RES : 0.7828/0.7879/0.7970
SUP : 0.7753/0.7738/0.7683