NZD/USD Morning Technical Report 19/12/2014
ecPulse
2014-12-19 08:24AM UTC
The pair is trading to the upside after yesterday's bullish momentum from levels above 261.8% correction around 0.7700. In fact, we still need to confirm extending the bullish wave by breaching 0.7800 then 0.7870. While trading within the sideways range, we think the pair will test around the top of the range.
From the downside, breaking 0.7660 and stabilizing below it fails the positive expectations intraday today
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