FX.co ★ NZD/USD: Trading recommendations for September 30, 2013

Trading recommendations:

NZD/USD:

According to the previous events, the price has still been trapped between 0.8290 and 0.8250.

• Long buying: Buy above 0.8216 (this level has formed double bottom for September 30, 2013) with the first target of 0.8260, it might resume to 0.8285.
• Short selling: Swing trade at 0.8300 in order to sell with a traget of 0.8250 then it will continue towards 1.8220.

Intraday technical levels:

Date and Time: 30/09/2013 13:27

Pair: NZD/USD

Projected High: 0.8647

Breakout (Buy Stop): 0.8592

Strong Resistance (Sell Limit): 0.8562

Current Pivot: 0.8303

Strong Support (Buy Limit): 0.8043

Breakout (Sell Stop): 0.8018

Projected Low: 0.7968