/ 

Sep 30

TECHNICAL ANALYSIS BY NSFX 30.09.2015

By:

High:  Low: 

As we can see on H4 chart, MACD is growing and keeping a buy signal. Stochastic is trying to turn down. The pair is seen to be breaking higher out of diamond consolidation pattern. NZDUSD is correlated to Chinese markets and China A50 index and any turmoil is reflected on the pair.

R3
R2
R1
S1
S2
S3