NZD USD leans on the main support 29/01/2013

Economies.com
2013-01-29 05:49AM UTC

The pair leans well on the main bullish channel support at 0.8290, to return to resume the bullish trend surpassing 0.8345, and our positive expectations remain valid and active.

 

Surpassing EMA50 which is acting as a minor resistance is required at 0.8370 to confirm the continuation in the bullish trend, which remains valid conditioned by holding above 0.8295.

 

Expected trading range for today is between: 0.8295 support and 0.8550 resistance.

 

Expected trend for today: Bullish

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