NZDUSD attempts to recover – Analysis - 19-04-2018
Economies.com
2018-04-19 03:46AM UTC
The NZDUSD pair fluctuates around the minor bearish channel’s support line that appears on the chart, while the main bullish trend scenario still valid as long as the price remains stable above 0.7281, waiting to get positive motive that supports the chances of resuming the rise in the upcoming sessions, as our next main target is located at 0.7436.
We should note that breaking 0.7281 will put the price within the correctional bearish track again, to start the negative targets at 0.7185.
Expected trading range for today is between 0.7260 support and 0.7436
Expected trend for today: Bullish
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