NZD USD approaches the key resistance 06/05/2013
Economies.com
2013-05-06 05:30AM UTC
The pair moves with bullish bias approaching from the waited to be breached resistance level at 0.8580, where this breach represents the confirmation key for the continuation of the bullish trend on the short term basis.
Today’s waited targets are located at 0.8675, where achieving them is supported by the positive signal that provided by Stochastic, while the chances of achieving them remain valid if 0.8455 wasn’t broken to the downside.
Expected trading range for today is between: 0.8455 support and 0.8675 resistance.
Expected trend for today: Bullish
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