Midday update for NZDUSD 30-06-2017
Economies.com
2017-06-30 10:37AM UTC
The NZDUSD pair continues the breaching attempts of the key resistance 0.7329, and it needs to get four hours' candlestick close initially above this level to reinforce the chances of continuing the rise for the rest of the day.
In general, we will continue to suggest the bullish trend in the upcoming sessions supported by the EMA50 and stochastic, reminding you that it is important to hold above 0.7215 to keep the chances of achieving our positive targets that reach to 0.7484 mainly.
Expected trading range for today is between 0.7265 support and 0.7450
Expected trend for today: Bullish
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