Midday update for NZD USD 30/01/2013
Economies.com
2013-01-29 11:13AM UTC
The pair finds a minor resistance now created by the EMA50 at 0.8370, where this resistance hampers the attempts of moving higher.
In general, the preferred bullish trend scenario remains valid and active, and mainly depends on holding above the main bullish channel support level at 0.8295.
Expected trading range for today is between: 0.8295 support and 0.8550 resistance.
Expected trend for today: Bullish
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