Midday update for NZD USD 31/10/2014
Economies.com
2014-10-31 10:58AM UTC
The NZDUSD pair trading is confined between the minor bullish channel’s support and the EMA50, and our neutral attitude remains valid until now until the price succeeds to breach one of the critical levels represented by 0.7720 support and 0.7905 resistance, to get a clearer confirmation signal for the trend.
To recognize the expected targets form the breach, please look at our morning issued report.
Expected trading range for today is between: 0.7720 support and 0.7975 resistance.
Expected trend for today: Neutral
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