Midday update for NZD USD 21/01/2014

Economies.com
2014-01-21 11:21AM UTC

The pair is affected by Stochastic negativity to show some bearish bias now, where it tests the EMA50, while the overall bullish trend remains valid for today, and the main target is attempting to breach above 0.8385

 

We remind you that holding above 0.8205 is considered as a main condition for achieving the suggested positivity.

 

Expected trading range for today is between: 0.8240 support and 0.8440 resistance.

 

Expected trend for today: Bullish

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