NZD USD gets a positive motive – Analysis - 11/02/2014

Economies.com
2014-02-11 06:45AM UTC

Stochastic provides a positive overlapping signal now on the four hours time frame that supports resuming the bullish trend for the pair today, which makes us continue preferring the positive trading in the upcoming period, reminding you that our first main target which is represented by breaching above 0.8385 to open the way towards 0.8675

 

Holding above 0.8205 represents the main condition for keeping the chances of achieving the expected positive targets.

 

Expected trading range for today is between: 0.8205 support and 0.8430 resistance.

 

Expected trend for today: Bullish

 

 

 

 

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