Midday update for NZDUSD 09-12-2016
Economies.com
2016-12-09 11:05AM UTC
The NZDUSD pair keeps fluctuating around 0.7170 level, while stochastic begins to provide positive overlapping signals on the four hours' time frame, which supports the chances of resuming the bullish trend that its main targets begin at 0.7215 and extend to 0.7483 after breaching the previous level.
Therefore, the bullish bias will remain suggested for today unless the price settled below 0.7170.
Expected trading range for today is between 0.7100 support and 0.7300
Expected trend for today: Bullish
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