Midday update for NZD USD 24/04/2013

Economies.com
2013-04-24 10:45AM UTC

The pair is affected by Stochastic positivity heading towards the retest level 0.8540, where it keeps its stability above the critical support level 0.8385.

 

Until now, our neutral attitude remains valid until surpassing one of these levels, and the details of the waited targets from the breach were explained in our morning report.

 

Expected trading range for today is between: 0.8300 support and 0.8550 resistance.

 

Expected trend for today: Neutral

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