Technical review of the NZD/USD 11.02.2014

New Zealand dollar increased against US dollar before the speech of the head of US Fed Reserve Janet Yellen. Experts hardly believe that Yellen will be speaking about the buyout of the instruments with fixed assets reduction after series of negative economic statistics. But investors want Yellen to keep monetary policy the same especially in the part about asset buyout. 

Recommendations: we open short position in case the level is breached and there is a clear fixation under intermediate level of 0.8300 with small stakes and we increase our stakes if the price falls under 0.8240 with a short-term aim of 0.8180 and with a long-term goal of 0.8060.