NZD USD breaches the moving average 30/01/2013

Economies.com
2013-01-30 05:15AM UTC

The pair managed to breach EMA50 and closed yesterday’s trading above it, to provide more support for our positive expectations which mainly depend on the trading inside the main bullish channel appears in the image.

 

Stochastic negativity might decelerate achieving the bullish targets which we are waiting to begin at 0.8500 followed by 0.8600 

 

Expected trading range for today is between: 0.8300 support and 0.8600 resistance.

 

Expected trend for today: Bullish

 

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