NZDUSD Weekly Technical Analysis (25-29 May,2015) | May 24, 2015

Nzdusd is continuing its bearish rally last week and broken near term support at 0.7420 area. It can be now good selling zone. We can sell from that area. This pair can fall more in the coming days as this pair is full of bearish momentum. Last daily candle is bearish rejection candle which indicates sell idea on this pair. So we can wait for little retrace and then we can sell on this pair.


Most wanted Copy trade service: We are happy to announce that we have started copy trade service. Specially it will be a great solution for them, who are not available on mt4 all the time but don’t wanna miss our any signal. Monthly copy trade charge is 25$. Copy trade subscription link



Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7525

Resistance One (R1): 0.7417

Pivot Point: 0.7348

Support One (S1): 0.724

Support Two (S2): 0.7171