Midday update for NZDUSD 31-05-2017

Economies.com
2017-05-31 10:31AM UTC

The NZDUSD pair continues its rise away from 0.7049 level, which supports the continuation of the bullish trend scenario in the upcoming sessions, and its next target at 0.7215.

 

Therefore, we will keep preferring the bullish bias for the rest of the day unless breaking 0.7049 level and holding below it.

 

Expected trading range for today is between 0.7049 support and 0.7215

 

Expected trend for today: Bullish

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