Midday update for NZD USD 17/01/2014
Economies.com
2014-01-17 11:21AM UTC
The pair continued its bearish bias as was preferred this morning affected by Stochastic, this indicator attempts to gain positive momentum that supports the return of resuming the overall bullish trend.
In general, the bullish trend scenario remains valid and active in the upcoming period unless breaking 0.8205 and holding below it.
Expected trading range for today is between: 0.8205 support and 0.8450 resistance.
Expected trend for today: Overall Bullish
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