NZD USD remains positive 07/01/2013

Economies.com
2013-01-07 05:41AM UTC

The pair showed positive bias going away from the support line shown in the above chart, trading now near the critical resistance at 0.8345

 

In general, our bullish overview remains valid and active, might be preceded by some sideway’s fluctuations due to Stochastic negativity, while we wait upside targets starting at 0.8400 then 0.8500

 

Expected trading range for today is between: 0.8230 support and 0.8400 resistance.

 

Expected trend for today: Bullish

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