Midday update for NZD USD 19/09/2014
Economies.com
2014-09-19 11:14AM UTC
The NZDUSD pair shows sideways trading since morning, while stochastic provides clear negative signal that supports the continuation of our bearish trend expectations for today, which gets a continuous support from the EMA50, reminding you that our main waited target at 0.8050 and 0.8000, and holding below 0.8235 is conditioned for achieving the suggested targets.
Expected trading range for today is between: 0.8000 support and 0.8200 resistance.
Expected trend for today: Bearish
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