NZD USD negotiates the key support 01/07/2013
Economies.com
2013-07-01 05:20AM UTC
The pair ended last week’s trading with negative bias at the critical support line 0.7740, starting today with bullish bias to step above this level again, which encourages us to continue suggesting the intraday bullish trend that targets testing 0.7920 area again.
Note that turning to trade below 0.7740 will stop the positive overview and lead for more losses for the pair on the short term basis.
Expected trading range for today is between: 0.7700 support and 0.7920 resistance.
Expected trend for today: Bullish
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