NZD USD consolidates above the support base 29/07/2013

Economies.com
2013-07-29 00:08AM UTC

The pair consolidates well on 0.8060 level, supported by the positivity coming from stochastic, to resume the positive trading on the intraday and short term basis, waiting for the next target at 08205

 

EMA50 supports the waited rise, which remains valid unless 0.7970 – 0.7920 levels were broken.

 

Expected trading range for today is between: 0.8000 support and 0.8270 resistance.

 

Expected trend for today: Bullish

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