NZD USD begins with positivity 28/01/2014

Economies.com
2014-01-28 05:56AM UTC

The pair opens today’s trading with clear bullish bias approaching from the key intraday resistance area between 0.8285-0.8295, as the price needs to breach these levels to reinforce the chances to continue the short term bullish trend.

 

Thus, we continue with our positive overview in the upcoming period, noting that breaching above 0.8385 represents the key motive to open the way towards 0.8675, while the positive scenario remains valid conditioned by stability above 0.8205.

 

Expected trading range for today is between: 0.8205 support and 0.8400 resistance.

 

Expected trend for today: Bullish

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