FX.co ★ 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