NZD USD completes the pattern 13/05/2013
Economies.com
2013-05-13 05:37AM UTC
The pair achieved strong break below the neckline that was mentioned previously at 0.8360, to activate the effect of this pattern which its full targets are located near 0.8050
Thus, the bearish trend will be preferred for today unless the price managed to breach above 0.8360 – 0.8410 and held above them.
Expected trading range for today is between: 0.8050 support and 0.8360 resistance.
Expected trend for today: Bearish
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