Midday update for NZD USD 23/01/2014

Economies.com
2014-01-23 11:27AM UTC

The pair provides positive trading supported by Stochastic positivity, to make attempts to surpass the EMA50 which acts as a resistance now at 0.8320, and breaching above this resistance will reinforce the continuation of the bullish bias for today.

 

Therefore, the positive expectations remain valid and active for today unless breaking 0.8255 then 0.8205

 

Expected trading range for today is between: 0.8205 support and 0.8440 resistance.

 

Expected trend for today: Bullish

 

 

 

 

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