Midday update for NZDUSD 24-07-2017
Economies.com
2017-07-24 10:37AM UTC
The NZDUSD pair shows sideways trading since morning settling around 0.7440 level, while stochastic reaches the thresholds of the oversold areas, waiting to motivate the price to continue the bullish trend in the upcoming sessions.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by holding above 0.7329 and 0.7275 levels, reminding you that our next targets begin at 0.7484 and extend to 0.7565.
Expected trading range for today is between 0.7350 support and 0.7565
Expected trend for today: Bullish
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