NZD/USD Morning Technical Report 18/12/2014
ecPulse
2014-12-18 08:14AM UTC
Once again, the pair rebounded from levels around 0.7700 in Asian trading today, and the attempt to break the referred to level failed yesterday, while 0.7660 levels remained stable in front of the bearish attempts, and the pair is trading again above the bottom of the sideways range.
In fact, the bullish possibility is valid today provided not to break 0.7660 then breach 0.7800 later to confirm extending the upside move.
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