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First Binary Option Service Currency Analysis.

The pair USD CHF rallied to the upside yesterday surpassing the EMA50, to turn the intraday trading to the upside, and the target now is testing 0.9400 level Therefore, the bullish bias will remain valid for today, noting that breaking below 0.9240 will turn the price back to the overall bearish trend.

Expected trading range for today is between: 0.9240 support and 0.9400 resistance. Expected trend for today: Bullish NZD USD The pair shows more sideways trading as appears in the image, while stochastic positivity contradicts the EMA50 negativity, which makes continue monitoring the price actions according to the key levels between 0.7740 support and 0.7860 – 0.7920 resistance.

The sideways range will remain dominant, until the price manages to confirm surpassing one of the mentioned levels, as breaking below 0.7740 represents the key to head towards 0.7450, while breaching above the resistance lines will bring the price back to the upside track, to target 0.8060 followed by 0.8205 levels. Expected trading range for today is between: 0.7700 support and 0.7920 resistance. Expected trend for today: Sideways. AUD USD 0.9800 level still forms solid support against the pair’s attempts to decline, and the price is affected by stochastic positivity to visit the bearish channel’s resistance which organizes the current trading.

In general, the bearish bias remains valid and suggested for the intraday trading, depending on stability below 0.9040, and the targets begin at 0.8850 and extend to 0.8680 Expected trading range for today is between: 0.8800 support and 0.9040 resistance. Expected trend for today: Bearish

Friday, 30 Aug, 2013 / 8:18

Source : https://www.firstbinaryoption.com

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