NZDUSD continues to fluctuate – Analysis - 18-10-2017

The NZDUSD pair finds difficulty to breach 0.7187 level until now, to continue fluctuating within sideways track near the mentioned level, while stochastic continues to provide the positive signals on the intraday time frames, waiting to motivate the price to breach the mentioned level followed by heading towards our positive targets that begin at 0.7275 and extend to 0.7383.

In general, we will keep our positive overview on the intraday and short term basis unless breaking 0.7100 and holding below it.

Expected trading range for today is between 0.7100 support and 0.7275

Expected trend for today: Bullish