The most interesting pair you can make money with - NZD/USD: to be rebounded from key resistance for breakdown

NZD/USD: bearish. The pair is on bearish market condition for the secondary bear market rally to be started in the beginning of Augist this year: the price is moved within 0.6707 key resistance level and 0.6102 key support level. Symmetric triangle pattern was formed by the price to be crossed for direction. Intermediate support levels for this pair on the way to the 0.6102 key support level are the following:

• 0.6465 support level, and
• 0.6235 support level.

The most likely scenario for this pair for the next few weeks are the following: the price will not break 0.6707 key resistance on close weekly bar from below to above - the price will be rebounded from this level for the bearish trend to be continuing with support levels as the targets.

There are the following news events which will be affected on NZD/USD price movement:

• 2015-10-08 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims]
• 2015-10-08 19:00 GMT (or 21:00 MQ MT5 time) | [USD - FOMC Meeting Minutes]
• 2015-10-12 22:45 GMT (or 00:45 MQ MT5 time) | [NZD - Food Price Index]
• 2015-10-13 n/a     GMT (or n/a    MQ MT5 time) | [CNY - Trade Balance]
• 2015-10-14 02:30 GMT (or 04:30 MQ MT5 time) | [CNY - CPI]
• 2015-10-14 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core Retail Sale]
• 2015-10-15 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core CPI]