Midday update for NZDUSD 12-01-2017
Economies.com
2017-01-12 11:12AM UTC
The NZDUSD pair trades with strong positivity since morning to reinforce our expectations for the bullish trend continuation on the intraday and short term basis, waiting for testing 0.7215 level initially, pointing that breaching this level will extend the pair’s gains to reach 0.7483 as a next main station.
In general, the bullish bias will remain preferred for today unless breaking 0.7049 level and holding below it.
Expected trading range for today is between 0.7000 support and 0.7200
Expected trend for today: Bullish
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