Midday update for NZDUSD 25-01-2017
Economies.com
2017-01-25 11:16AM UTC
The NZDUSD pair shows bullish bias after approaching from 0.7215 level this morning, to keep the main bullish trend scenario active for today, which depends on the stability above the mentioned level, supported by the EMA50, reminding you that our first main target located at 0.7329, and breaching it represents the heading key towards 0.7484 on the near term basis.
Expected trading range for today is between 0.7170 support and 0.7350
Expected trend for today: Bullish
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