Trading recommendations:
NZD/USD: According to the previous events, the price has still been trapped between 0.8203 and 0.8153. Long buying: Buy above 0.8295 with the first target at 0.8345, it might resume to 0.8403. (short term) Short selling: Outlook -1-: Swing trade at 0.8265 in order to sell with a traget of 0.82. Outlook -2-: Below 0.8180 look for further descending movement with 0.8150 and 0.8125 as targets. Notes: it should be noted that the market will turn to bearish sentiment from the level of 0.8265. Range: 68 pips Risk of 68 pips must make a profit of 102.00 (a risk to reward ratio of 1:1.5 is recommended)