NZD USD gets positive momentum 20/01/2014

Economies.com
2014-01-20 05:49AM UTC

The pair continues to trade negatively testing the intraday bullish trend line that appears on the image, accompanied with stochastic reaching the oversold area, which supports bouncing to the upside to resume the overall bullish trend, which its main target is attempting to breach 0.8385 level.

 

We remind you that it’s important to hold above 0.8205 to continue the suggested positive overview.

 

Expected trading range for today is between: 0.8205 support and 0.8385 resistance.

 

Expected trend for today: Overall Bullish

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