Midday update for NZD USD 16/01/2014
Economies.com
2014-01-16 11:47AM UTC
The pair keeps fluctuating near the EMA50 which represents a good intraday support until now, which encourages us to continue preferring the bullish trend for today, which gets support from Stochastic positivity, waiting for the initial main target which is represented by breaching above 0.8385
Expected trading range for today is between: 0.8260 support and 0.8450 resistance.
Expected trend for today: Bullish
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