Midday update for NZD USD 11/02/2013

Economies.com
2013-02-11 11:00AM UTC

The pair begins the attempts to break below the main bullish channel, and as we mentioned in our recent reports, breaking below this level will open the way for an intraday trading turn to the downside.

 

Until now, the morning suggested scenario remains valid unless witnessing a daily close below 0.8335.

 

Expected trading range for today is between: 0.8300 support and 0.8550 resistance.

 

Expected trend for today: Bullish

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