NZD USD hits the waited target 09/04/2013

The pair succeeded to hit the main waited target at 0.8495, finding a good resistance there, where this level represents a retest for the previously broken main bullish channel support.

Now, the neutral attitude will be preferred, in order to monitor the price behavior according to the mentioned level, where breaching it to the upside will confirm the return of the positivity on the short and medium term basis.

Expected trading range for today is between: 0.8395 support and 0.8600 resistance.

Expected trend for today: Neutral