Midday update for NZD USD 12/02/2014
Economies.com
2014-02-12 11:48AM UTC
pair keeps crawling to the upside approaching from our first main target at 0.8385, where we are waiting for breaching above this level to reinforce the chances of the bullish trend continuation which targets 0.8675 levels on the short term basis.
Therefore, the positive expectations remain valid for today, reminding you that holding above 0.8205 is conditioned to the expected bullish bias continuation.
Expected trading range for today is between: 0.8265 support and 0.8460 resistance.
Expected trend for today: Bullish
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