NZD/USD hit 0.8511 during late Asian trade, the session high; the pair subsequently consolidated at 0.8524, inching up 0.01%.The pair was likely to find support at 0.8462, the low of August 1 and resistance at 0.8557, the high of July 29.The greenback remained supported below recent highs after the latest U.S. employment report on Friday sForex Signals IForex Market Trading Signals and News of 06th August 2014howing that jobs growth slowed slightly in July prompted investors to curtail expectations on the timing of a possible rate hike by the Federal Reserve.The kiwi was little changed against the Australian dollar, with AUD/NZD easing up 0.02% to 1.0953.
INTRADAY OUTLOOK
Support: 0.8502
Resistance: 0.8528
RECOMMENDATION:
1. Buy NZD/USD Above 0.8530 TG: 0.8545/ 0.8565 SL 0.8510
2. Sell NZD/USD Below 0.8498 TG: 0.8483/0.8478 SL 0.8518
INTRADAY OUTLOOK
Support: 1.6849
Resistance: 1.6891
RECOMMENDATION:
1. Buy GBP/USD Above 1.6895 TG: 1.6910/ 1.6930 SL 1.6875
2. Sell GBP/USD Below 1.6845- TG: 1.6830/1.6810 SL 1.6865
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