NZDUSD Weekly Technical Analysis (8-12 June,2015) | June 7, 2015

Nzdusd is falling after retesting broken trend line as we expected last week. This -pair has made another new low last week. In the coming week, it can make more new low. This pair is looking for support level. Next support lies on 0.6700 area. So we can join with this down rally with some retrace on this pair. near term sell zone lies on 0.7100 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7265

Resistance One (R1): 0.7155

Pivot Point: 0.7089

Support One (S1): 0.6979

Support Two (S2): 0.6913