NZD USD had to decline 18/02/2013
Economies.com
2013-02-18 05:48AM UTC
The pair is affected by Stochastic negativity to visit the EMA50 which represents support barrier now at 0.8420, accompanied with Stochastic reaching the oversold levels.
At the same time, the trading remains stable inside the main bullish channel that appears in the image, and that keeps our overall bullish trend expectations which mainly targeting 0.8660, while the chances of achieving it still valid unless 0.8355 was broken.
Expected trading range for today is between: 0.8355 support and 0.8660 resistance.
Expected trend for today: Bullish
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