Midday update for NZDUSD 06-02-2017
Economies.com
2017-02-06 11:21AM UTC
The NZDUSD pair did not show any strong move since morning, and we still waiting to breach 0.7329 level to reinforce the expectations of continuing the bullish trend on the intraday and short term basis, which gets continuous support by the EMA50.
In general, we will continue to suggest the bullish bias in the upcoming sessions conditioned by the stability above 0.7215, reminding you that our next main target is located at 0.7484.
Expected trading range for today is between 0.7275 support and 0.7450
Expected trend for today: Bullish
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