Midday update for NZDUSD 17-08-2017
Economies.com
2017-08-17 10:03AM UTC
The NZDUSD pair fluctuates near the EMA50 after it found strong resistnace near 0.7329, waiting for getting enough positive momentum to push the price to continue the rise in the upcoming period, where the bullish trend scenario remains active for today if the price settled above 0.7275.
Our first target at 0.7383, pointing that breaching it will push the price to 0.7558 as a next main station.
Expected trading range for today is between 0.7275 support and 0.7420
Expected trend for today: Bullish
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