Midday update for NZD USD 20/05/2013
Economies.com
2013-05-20 10:41AM UTC
The pair approached from retesting 0.8160 level as was suggested this morning, and as long as the price is below this level, the bearish trend scenario remains valid and active, reminding you that breaking below 0.8060 will provide strong motive that supports the waited targets which are initially at 0.7920
Expected trading range for today is between: 0.7980 support and 0.8210 resistance.
Expected trend for today: Bearish
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