NZD USD attempts positively – Analysis - 01/10/2015
Economies.com
2015-10-01 04:41AM UTC
The NZDUSD pair opens today’s trading with bullish bias and attempts to breach 0.6395 level, but, since the daily candlestick close was below the mentioned level, we will continue to suggest the overall bearish trend, supported by stochastic current negativity.
Breaking 0.6330 level will ease the mission of heading towards 0.6175 as a first main station, noting that getting a daily close above 0.6395 level will stop the current negative scenario and lead the price to turn to rise.
Expected trading range for today is between 0.6300 support and 0.6500 resistance.
Expected trend for today: Bearish
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