NZD USD settles positively 06/02/2013

Economies.com
2013-02-06 05:44AM UTC

The pair started this day with a strong attempt to decline but it bounced to the upside again to settle above the resistance that appears in the image, which keeps our overall expectations for the bullish trend valid and active, waiting for main targets begin at 0.8500 followed by 0.8600

 

Note that the bullish trend mainly depends on the trading inside the bullish channel that appears in the above chart.

 

Expected trading range for today is between: 0.8385 support and 0.8600 resistance.

 

Expected trend for today: Bullish

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