NZD USD at the retest level 10/12/2012
Economies.com
2012-12-10 05:46AM UTC
The pair fluctuates near the retest level of the previous breached bullish channel support which turns into a resistance now at 0.8365, and this resistance is required to be breached to add more confirmation for the bullish trend return and stopping the last bearish correction.
EMA50 offers good support to the chances of achieving the preferred bullishness for today.
Expected trading range for today is between: 0.8260 support and 0.8450 resistance.
Expected trend for today: Bullish
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