Midday update for NZDUSD 18-10-2017

Economies.com
2017-10-18 10:22AM UTC

The NZDUSD pair trades with clear negativity to approach from the key support 0.7100, and as long as the price is above this level, the bullish trend scenario will remain valid for today, supported by the EMA50 that attempts to form support base to protect the positive overview, waiting to breach 0.7187 to open the way to head towards 0.7275 as a next main station.

 

Expected trading range for today is between 0.7100 support and 0.7275

 

Expected trend for today: Bullish

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