NZD USD on the main support threshold 26/12/2012
Economies.com
2012-12-26 09:02AM UTC
The pair continues moving lower mildly approaching from the bullish channel support which is moving higher now to reach 0.8180, accompanied by Stochastic moving near the oversold levels, and that makes us remain in our intraday bullish trend expectations depending on the continuation of the trading inside the mentioned bullish channel.
The first target is represented by attacking 0.8345 and attempt to breach it achieve more upside targets which keep the chances of achieving it valid as long as 0.8180 remained intact.
Expected trading range for today is between: 0.8180 support and 0.8345 resistance.
Expected trend for today: Bullish
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