NZD USD leans on minor support 03/05/2013

The pair found a minor support at 0.8450 to bounce higher heading towards the retest level at 0.8575, while Stochastic attempts to get rid of its negativity.

Now, we prefer more of the intraday bullish bias, pointing that breaching above 0.8575 will open the way towards bullish targets begin at 0.8675, while breaking below 0.8425 will stop the suggested positive expectations.

Expected trading range for today is between: 0.8425 support and 0.8675 resistance.

Expected trend for today: Bullish