NZD USD needs positive momentum – Analysis - 10/02/2014

Economies.com
2014-02-10 06:39AM UTC

The pair tests 0.8300 level, while it fluctuates in sideways range affected by Stochastic negativity, but generally, the stability of the trading above 0.8205 and the support that comes from the EMA50 are factors encourage us to keep preferring the bullish trend in the upcoming period, reminding you that our main targets begin by breaching above 0.8385 to open the way towards 0.8675

 

Expected trading range for today is between: 0.8205 support and 0.8385 resistance.

 

Expected trend for today: Bullish

 

 

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