By: Investija
It looks like bulls are showing enough confidence to climb above support barrier at 1.3371 price level. However, just below positive green line bulls are in danger. In order for bulls to initiate a positive trend for EURUSD, they need to reach resistance barrier. At the moment, waiting action holds to confirm further bulls activity.
NZDUSD a rebound was initiated by support level 0.7183, bulls showed first signs to extend current positive trend. At the moment, a slide towards resistance 0.7246 is expected. Stronger activity is possible near resistance barrier. At the moment, buying options remain above resistance, for now just short term options can be considered.
