NZD USD pushes negatively 23/04/2013

Economies.com
2013-04-23 05:28AM UTC

The pair trades now at the EMA50 which acts as support at 0.8385, and as we mentioned in our recent reports, breaking below this level will push the price for more downside track which its targets begin at 0.8160

 

A daily close below the mentioned level or above 0.8540 is required to confirm the next intraday and short term trend, which makes us continue in our neutral attitude until now.

 

Expected trading range for today is between: 0.8240 support and 0.8550 resistance.

 

Expected trend for today: Neutral

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