NZD USD negotiates the main support 11/02/2013
Economies.com
2013-02-11 06:11AM UTC
The pair trades now at the main bullish channel support at 0.8335, this support represents the safety valve for the continuation in our positive expectations on the intraday and short term basis, where breaking below it will lead to a potential turn and decline towards levels begin at 0.8200
Breaching above the resistance level 0.8380 will provide strong push for our expectations of moving to the upside and the first target is located at 0.8500
Expected trading range for today is between: 0.8300 support and 0.8550 resistance.
Expected trend for today: Bullish
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