Midday update for NZDUSD 28-06-2017
Economies.com
2017-06-28 10:57AM UTC
The NZDUSD pair shows negative trading to approach from retesting the previously breached resistance of the symmetrical triangle that appears on chart, and as long as the price is above 0.7215, the bullish trend scenario will remain active for the upcoming period, waiting to confirm breaching 0.7329 to ease the mission of heading towards 0.7484 that represents our next main target.
Note that breaking 0.7215 will push the price to turn to decline on the intraday basis, and it might head to visit 0.7049 areas before any new positive attempt.
Expected trading range for today is between 0.7215 support and 0.7400
Expected trend for today: Bullish
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