NZD USD tests the key resistance 14/01/2014
Economies.com
2014-01-14 06:04AM UTC
The pair succeeded to touch our first main target at 0.8385, and it tests it now waiting to get a confirmed breach for this level to open the way towards our next main targets at 0.8685
Stochastic negativity supports the strength of the mentioned resistance, and might cause some temporarily sideways fluctuations before resuming the bullish trend which the chances of its continuation remain valid unless 0.8305 - and the most important 0.8205 – levels were broken.
Expected trading range for today is between: 0.8305 support and 0.8500 resistance.
Expected trend for today: Bullish
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