Midday update for NZD USD 24/01/2013
Economies.com
2013-01-24 11:13AM UTC
The pair returns to fluctuate near 0.8400, and showed some mixed trading in the morning, but generally, the bullish trend scenario suggested in the morning remains valid and active for today, supported by EMA50.
Stochastic is heading towards the oversold levels now in attempt to offer positive momentum signals support the waited rising.
Expected trading range for today is between: 0.8270 support and 0.8550 resistance.
Expected trend for today: Bullish
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