NZD USD keeps its positive stability – Analysis - 06/02/2014
Economies.com
2014-02-06 06:00AM UTC
The pair remained stable above 0.8205, and the EMA50 continues to support the intraday trading, while stochastic offers positive signals on the four hours time frame.
These factors allow us to continue suggesting the bullish trend on the intraday and short term basis, reminding you with our first main target at 0.8385, which its chances remain valid unless 0.8205 followed by 0.8185 levels were broken.
Expected trading range for today is between: 0.8115 support and 0.8340 resistance.
Expected trend for today: Bullish
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