NZD USD needs some positive momentum 09/09/2013

Economies.com
2013-09-09 05:35AM UTC

The pair tested 0.8000, and closed last week’s trading exactly at this level, keeping the bullish trend expectations efficiently, waiting for hitting the next targets starting at 0.8060 then 0.8205

 

The EMA50 supports the expected rise, which remains valid conditioned by holding above 0.7920 and 0.7875

 

Expected trading range for today is between: 0.7875 support and 0.8205 resistance.

 

Expected trend for today: Bullish

 

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