Midday update for NZDUSD 02-02-2017

Economies.com
2017-02-02 11:09AM UTC

The NZDUSD pair crawls upwards gradually to approach from 0.7329 level, and the price gets continuous positive support by the EMA50, reminding you that we need to breach the mentioned level to ease the mission of extending the bullish wave towards 0.7484.

 

Therefore, our bullish overview will remain valid and active for today, conditioned by the price stability above 0.7215.

 

Expected trading range for today is between 0.7250 support and 0.7420

 

Expected trend for today: Bullish

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