NZD USD settles negatively 04/03/2013

Economies.com
2013-03-04 05:54AM UTC

The pair trades near 0.8200, and Stochastic provides a negative overlapping signal that supports the bearish trend continuation, which makes us remain in our correctional bearish trend and the next main target at 0.8120

 

EMA50 supports the downside move expectations, which remain valid conditioned by holding below 0.8280. 

 

Expected trading range for today is between: 0.8100 support and 0.8415 resistance.

 

Expected trend for today: Bearish

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