NZD USD settles at the support line 01/05/2013

Economies.com
2013-05-01 05:27AM UTC

The pair provides tight range trading, and settled at the main bullish channel’s resistance, which keeps our bullish trend expectations valid on the intraday and short term basis, supported by the bullish trend of Stochastic besides the EMA50.

 

We remind you that the initial waited targets are located at 0.8675 followed by 0.8840

 

Expected trading range for today is between: 0.8490 support and 0.8700 resistance.

 

Expected trend for today: Bullish

 

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