Midday update for NZD USD 22/07/2014
Economies.com
2014-07-22 10:48AM UTC
The NZDUSD pair shows some bearish bias to approach from testing the critical support at 0.8660, which represents one of the next intraday trend keys besides 0.8745 resistance.
Therefore, we remain neutral until the NZDUSD price succeeds to surpass one of these levels, pointing that the expected targets form the breach are explained in our morning report.
Expected trading range for today is between: 0.8555 support and 0.8850 resistance.
Expected trend for today: Depends on the above mentioned levels
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