NZD USD negotiates the key resistance 19/09/2013
Economies.com
2013-09-19 05:26AM UTC
The pair managed to hit the main waited target yesterday at 0.8385, and fluctuates around it now in attempt to confirm breaching it, which represents the key of achieving more gains on the short term basis, and the next targets reach towards 0.8480 and go further towards 0.8675
The price might be forced for some temporary sideways fluctuation to gain enough positive momentum to support the continuation of the bullish trend, taking into consideration that breaking 0.8330 will push the price to retest 0.8205 before resuming the positive trading again.
Expected trading range for today is between: 0.8300 support and 0.8520 resistance.
Expected trend for today: Bullish
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