NZD USD gets a positive momentum – Analysis - 13/02/2014
Economies.com
2014-02-13 06:45AM UTC
The pair trades with slight bearish bias to test 0.8300, while Stochastic managed to gain positive momentum on the four hours time frame, supporting the resumption of the overall bullish trend, which is supported by the EMA50, waiting for our main targets which begin by breaching above 0.8385 to reinforce the chances of heading towards 0.8675
We remind you that holding above 0.8205 is important for keeping the chances of achieving our suggested targets.
Expected trading range for today is between: 0.8205 support and 0.8460 resistance.
Expected trend for today: Bullish
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