Midday update for NZD USD 31/01/2014

Economies.com
2014-01-31 11:30AM UTC

The pair fluctuates in sideways and tight track since morning, and it remains stable between the trend’s confirmation levels which are represented by 0.8115 support and 0.8205 resistance, and that makes us keep our neutral attitude for today until the price succeeds to confirm breaching above one of the mentioned levels then heading towards the suggested targets in our morning report.

 

Expected trading range for today is between: 0.8060 support and 0.8250 resistance.

 

Expected trend for today: Neutral

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