Midday update for NZDUSD 12-07-2017

Economies.com
2017-07-12 09:53AM UTC

The NZDUSD pair traded positively this morning to move gradually from 0.7215 level, which supports the continuation of the expected bullish trend scenario in the upcoming period, depending on the stability above the mentioned level, waiting for heading to 0.7329 then 0.7484 levels that represents the next main targets for the current bullish wave.

 

Note that breaching 0.7270 level will ease the price mission to achive the suggested targets.

 

Expected trading range for today is between 0.7170 support and 0.7329

 

Expected trend for today: Bullish

 

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