Midday update for NZD USD 31/03/2015
Economies.com
2015-03-31 11:22AM UTC
The NZDUSD pair begins the testing process to the key support 0.7440, which represents the previously breached resistance of the bearish channel that appears on chart, and as we mentioned this morning, the price needs to breach one of the key levels represented by the mentioned support and 0.7655 resistance to detect the next destination clearly, which makes us continue with our neutrality until now.
To review the expected targets after breaching the mentioned levels, please take a look at our morning report.
Expected trading range for today is between: 0.7350 support and 0.7600 resistance.
Expected trend for today: Neutral
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