NZD USD around the support 25/02/2013

Economies.com
2013-02-25 05:54AM UTC

The pair begins with a bearish price gap to be fluctuating now at the main channel support as appears in the image, where we still mainly depend on the stability inside this channel to continue in preferring the bullish trend on the short term basis.

 

Stochastic attempts to gain positive momentum to support our expectations, which we target through it 0.8500 followed by 0.8660

 

Expected trading range for today is between: 0.8270 support and 0.8550 resistance.

 

Expected trend for today: Bullish

 

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