Midday update for NZDUSD 23-05-2017
Economies.com
2017-05-23 10:22AM UTC
The NZDUSD pair keeps rising to approach from our first waited target at 0.7049, reinforcing the expectations of more rise in the upcoming sessions, waiting to breach the mentioned level to confirm opening the way to head towards 0.7215 as a next main station.
In general, the bullish trend will remain suggested unless breaking 0.6915 level and holding below it, noting that the EMA50 provides good positive support to the suggested bullish wave.
Expected trading range for today is between 0.6915 support and 0.7100
Expected trend for today: Bullish
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