NZD USD continues with the positive attempts 26/04/2013

Economies.com
2013-04-26 05:26AM UTC

The pair tried to breach the retest level 0.8545 but couldn’t get a daily close above it yet, while stochastic continues to provide bullish trend signals that encourages us to expect a positive trading for today, but we need to be aware of the importance of a confirmed breach above the mentioned level to reinforce the chances to head towards 0.8675 initially, beside holding above 0.8400 as a main condition for the bullish trend continuation.

 

Expected trading range for today is between: 0.8400 support and 0.8675 resistance.

 

Expected trend for today: Bullish

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