Daily analysis of NZD/USD for January 10, 2014

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The NZD/USD pair "Kiwi Dollar":В 

Resistance: 0.8340 (sell below this level).В  Support: 0.8173 (buy above this level for retesting this level for a short period). Expect a new range around 80 pips on January 10, 2013.

Trading Recommendations:

According to the previous events, the price is still between the levels of 0.8295 and 0.8175.В  The descending movement will probably be lower than the 0.8340 level with the first targets at the 0.8225 and 0.8180 levels.В  Buy deals are recommended above the 0.8170 level with targets at the 0.8235 and 0.8300 levels.

Intraday technical levels:

Date:10/01/2014В 

Pair:NZD/USDВ 

Projected High: 0.8398В  Breakout (Buy Stop): 0.8343В  Strong Resistance (Sell Limit): 0.8313В  Current Pivot: 0.8252В  Strong Support (Buy Limit): 0.8190В  Breakout (Sell Stop): 0.8165В  Projected Low: 0.8115В