Midday update for NZD USD 03/12/2012

Economies.com
2012-12-03 10:45AM UTC

The pair attempts to step above 0.8200 but without managing to settle above it until now, and the contradiction between EMA50 negativity and Stochastic positivity is continued.

 

Therefore, the neutrality remains valid for today waiting for clearer signals that confirm the trend. 

 

Expected trading range for today is between: 0.8100 support and 0.8350 resistance.

 

Expected trend for today: Neutral

 

 

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