NZD USD freezes the positive pattern 03/12/2012
Economies.com
2012-12-03 05:47AM UTC
The price declined sharply yesterday in attempt to breach the previous breached neckline retest level for the head and shoulders pattern, where it closed the last week trading at 0.8200
For now, we are forced to stay aside to monitor the daily close according to the mentioned level, due to the contradiction between the break below EMA50 , and Stochastic positivity.
Expected trading range for today is between: 0.8100 support and 0.8350 resistance.
Expected trend for today: Neutral
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