Midday update for NZD USD 26/02/2013

Economies.com
2013-02-26 11:08AM UTC

The pair is facing more negative pressure, closing from 0.8300 level now, while stochastic enters the oversold levels.

 

Until now, our neutral attitude remains valid awaiting to be sure of today’s closing according to 0.8355 which was broken yesterday.

 

Expected trading range for today is between: 0.8200 support and 0.8550 resistance.

 

Expected trend for today: Neutral

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