NZD USD leans on the channel’s support08/02/2013
Economies.com
2013-02-08 05:31AM UTC
The pair hit the bullish channel support and made an attempt to break it, and settled with a daily close above the located support at 0.8325, and this keeps the main bullish trend scenario valid, supported by stochastic current positivity.
The price needs to surpass 0.8390 to ease achieving the bullish targets which we are waiting to begin at 0.8500 followed by 0.8600
Expected trading range for todayis between: 0.8300support and 0.8550 resistance.
Expected trend for today: Bullish
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