NZD USD pushes negatively on the support line 24/01/2014

Economies.com
2014-01-24 05:54AM UTC

The pair trades with clear negative bias by the opening of today’s trading, attacking the key intraday support at 0.8255, while as we mentioned yesterday, this level represents the first protection factor for our overall positive overview, which targets 0.8385 initially, followed by attempting to head towards 0.8675

 

Breaking below 0.8255 then 0.8385 levels will turn the intraday trading to the downside to visit 0.8065 level.

 

Expected trading range for today is between: 0.8205 support and 0.8440 resistance.

 

Expected trend for today: Bullish

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