Midday update for NZD USD 16/09/2014
Economies.com
2014-09-16 10:56AM UTC
The NZDUSD pair shows bearish bias to resume the bearish track inside the bearish channel that appears in the image, waiting for targeting 0.8050 level mainly.
Therefore, the bearish trend expectations will remain valid and active for today if the trading settled below 0.8235 level.
Expected trading range for today is between: 0.8000 support and 0.8235 resistance.
Expected trend for today: Bearish
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