NZD USD keeps its negative stability – Analysis - 30/01/2015

Economies.com
2015-01-30 05:39AM UTC

The NZDUSD pair still stable below 0.7330 level, which keeps the general negative scenario valid until now, waiting to resume the bearish wave to head towards our next main targets that begin at 0.7000 and extend to 0.6860.

 

We remind you that breaching 0.7330 will stop the current bearish bias and push the price for intraday recovery attempts that its targets begin at 0.7500.

 

Expected trading range for today is between: 0.7150 support and 0.7400 resistance.

 

Expected trend for today: Bearish

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