Midday update for NZDUSD 28-02-2017

Economies.com
2017-02-28 11:55AM UTC

The NZDUSD pair begins to provide positive trading now as a signal for resuming the bullish trend, where the price gets positive motive by stochastic, which supports the continuation of our bullish trend expectations in the upcoming period.

 

Therefore, we will keep our positive expectations on the intraday and short term basis conditioned by holding above 0.7174 level, reminding you that our main targets begin at 0.7250 and extend to 0.7375.

 

Expected trading range for today is between 0.7112 support and 0.7329

 

Expected trend for today: Bullish

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