NZD USD finds solid ceiling 11/09/2013

Economies.com
2013-09-11 05:32AM UTC

The pair found good resistance at 0.8060 that forces it to bounce lower temporarily, and Stochastic negativity supports the strength of the mentioned resistance.

 

In general, we are continuing in our bullish trend expectations which is supported by the EMA50, besides holding above 0.7920, while our next targets are located at 0.8205

 

Expected trading range for today is between: 0.7960 support and 0.8205 resistance.

 

Expected trend for today: Bullish

 

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