NZD USD continues to decline – Analysis - 03/09/2014
Economies.com
2014-09-03 05:04AM UTC
The NZDUSD pair shows more bearish bias with the beginning of today’s trading to confirm the continuation of the bearish trend that was confirmed after breaking 0.8350 level, to target 0.8235 level now.
The negative pressure coming from the EMA50 supports the suggested overview, which remains valid and active unless breaching 0.8350 level and holding above it.
Expected trading range for today is between: 0.8200 support and 0.8360 resistance.
Expected trend for today: Bearish
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