NZD USD knocks the door of the channel 25/04/2013
Economies.com
2013-04-25 05:20AM UTC
The pair opens today’s trading with strong positivity to be trading now at the retest level of the previously broken bullish channel ‘s support which turns into resistance now at 0.8545, and as we mentioned in our recent reports, the price need to breach above this level to confirm the return of the bullish trend.
Stochastic supports the current positivity, but our neutral attitude remains valid until getting a daily close above 0.8545
Expected trading range for today is between: 0.8395 support and 0.8630 resistance.
Expected trend for today: Neutral
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