NZD USD begins negatively 24/09/2013
Economies.com
2013-09-24 05:35AM UTC
The pair didn’t manage to confirm breaching yesterday’s falling wedge resistance, opening today’s trading with clear negativity in attempt to break the support of this pattern.
Until now, we believe that the chances remain valid to achieve the preferred bullish trend in the last reports, by breaching 0.8385 to confirm these expectations, being aware that breaking 0.8265 will weaken the chances of achieving this positivity.
Expected trading range for today is between: 0.8265 support and 0.8500 resistance.
Expected trend for today: Bullish
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