NZD USD leans on the moving average 16/01/2014

Economies.com
2014-01-16 06:08AM UTC

The pair found good support at the EMA50, which protects the positive scenario suggested in our recent reports, waiting to turn back to attempt breaching 0.8385 level and try to open the way towards 0.8675

 

The expected bullish bias for today depends on stability above 0.8305, as breaking this level will lead the price to test the most important support at 0.8205.

 

Expected trading range for today is between: 0.8260 support and 0.8450 resistance.

 

Expected trend for today: Bullish

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